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§ 1465. —  Modification of amount of loan and document securing loan in collection of loan or in best interests of the United States.

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[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 25USC1465]

 
                            TITLE 25--INDIANS
 
    CHAPTER 17--FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN 
                              ORGANIZATIONS
 
                SUBCHAPTER I--INDIAN REVOLVING LOAN FUND
 
Sec. 1465. Modification of amount of loan and document securing 
        loan in collection of loan or in best interests of the United 
        States
        
    The Secretary may cancel, adjust, compromise, or reduce the amount 
of any loan or any portion thereof heretofore or hereafter made from the 
revolving loan fund established by this subchapter and its predecessor 
constituent funds which he determines to be uncollectable in whole or in 
part, or which is collectable only at an unreasonable cost, or when such 
action would, in his judgment, be in the best interests of the United 
States. He may also adjust, compromise, subordinate, or modify the terms 
of any mo

	 
	 




























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