§ 1467. — Security for loan; assignment of securities; reasonable assurance of repayment.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1467]
TITLE 25--INDIANS
CHAPTER 17--FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN
ORGANIZATIONS
SUBCHAPTER I--INDIAN REVOLVING LOAN FUND
Sec. 1467. Security for loan; assignment of securities;
reasonable assurance of repayment
Any organization receiving a loan from the revolving loan fund shall
be required to assign to the United States as security for the loan all
securities acquired in connection with the loans made to its members
from such funds unless the Secretary determines that the repayment of
the loan to the United States is otherwise reasonably assured.
(Pub. L. 93-262, title I, Sec. 107, Apr. 12, 1974, 88 Stat. 79.)
