§ 506. — Loans to individuals and groups; appropriation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC506]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER VIII--INDIANS IN OKLAHOMA: PROMOTION OF WELFARE
Sec. 506. Loans to individuals and groups; appropriation
The Secretary is authorized to make loans to individual Indians and
to associations or corporate groups organized pursuant to this
subchapter. For the making of such loans and for expenses of the
cooperative associations organized pursuant to this subchapter there
shall be appropriated, out of the Treasury of the United States, the sum
of $2,000,000.
(June 26, 1936, ch. 831, Sec. 6, 49 Stat. 1968.)
Revolving Fund: Interest-Free Loans to Klamath Indians; Refinancing
Lending Agency Loans
Use of Revolving Loan Fund for Indians to assist Klamath Indians
during period for terminating Federal supervision, see note set out
under section 564 of this title. Funds to be administered as a single
Indian Revolving Loan Fund after Apr. 12, 1974, see section 1461 of this
title.
