§ 480. — Indians eligible for loans.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC480]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER V--PROTECTION OF INDIANS AND CONSERVATION OF RESOURCES
Sec. 480. Indians eligible for loans
On and after May 10, 1939, no individual of less than one-quarter
degree of Indian blood shall be eligible for a loan from funds made
available in accordance with the provisions of the Act of June 18, 1934
(48 Stat. 986) [25 U.S.C. 461 et seq.], and the Act of June 26, 1936 (49
Stat. 1967) [25 U.S.C. 501 et seq.].
(May 10, 1939, ch. 119, Sec. 1, 53 Stat. 698.)
References in Text
Act of June 18, 1934, referred to in text, popularly known as the
Indian Reorganization Act, is classified generally to this subchapter.
For complete classification of this Act to the Code, see Short Title
note set out under section 461 of this title and Tables.
Act of June 26, 1936, referred to in text, popularly known as the
Oklahoma Welfare Act, is classified generally to subchapter VIII
(Sec. 501 et seq.) of this chapter. For complete classification of this
Act to the Code, see Short Title note set out under section 501 of this
title and Tables.
