# 25 U.S.C. § 1461: Administration as single Indian Revolving Loan Fund sums from diverse sources; availability of fund for loans to Indians and for administrative expenses

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t25_s1461

## Section

- **Citation:** 25 U.S.C. § 1461
- **Heading:** Administration as single Indian Revolving Loan Fund sums from diverse sources; availability of fund for loans to Indians and for administrative expenses
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** May 6, 2026
- **Source:** Publisher's official text
- **Location:** Title 25—INDIANS > CHAPTER 17—FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS > SUBCHAPTER I—INDIAN REVOLVING LOAN FUND

## Text

In order to provide credit that is not available from private money markets, or to supplement funds from private lenders, including loans guaranteed by the Secretary pursuant to section 1481 of this title , all funds that are now or hereafter a part of the revolving fund authorized by the Act of June 18, 1934 ( 48 Stat. 986 ) [ 25 U.S.C. 5101 et seq.], the Act of June 26, 1936 ( 49 Stat. 1968 ), 1 1
So in original. Probably should be “( 49 Stat. 1967 ),”. and the Act of April 19, 1950 ( 64 Stat. 44 ), as amended and supplemented, including sums received in settlement of debts of livestock pursuant to sections 1545 and 1546 of this title, and sums collected in repayment of loans heretofore or hereafter made, and as interest or other charges on loans, shall hereafter be administered as a single Indian Revolving Loan Fund. The fund shall be available for loans to Indians having a form of organization that is satisfactory to the Secretary and for loans to individual Indians: Provided , That, where the Secretary determines a rejection of a loan application from a member of an organization making loans to its membership from moneys borrowed from the fund is unwarranted, he may, in his discretion, make a direct loan to such individual from the fund. The fund shall also be available for administrative expenses incurred in connection therewith, or, in the discretion of the Secretary of the Interior, as a contribution to the Indian Loan Guaranty and Insurance Fund authorized by section 1497 of this title , or for the payment of interest subsidies authorized by section 1511 of this title .

( Pub. L. 93–262, title I, § 101 , Apr. 12, 1974 , 88 Stat. 78 ; Pub. L. 98–449, § 2 , Oct. 4, 1984 , 98 Stat. 1725 ; Pub. L. 101–644, title III, § 303(a) , Nov. 29, 1990 , 104 Stat. 4667 .)

## Nearby sections

- [25 U.S.C. § 1461 Administration as single Indian Revolving Loan Fund sums from diverse sources; availability of fund for loans to Indians and for administrative expenses](https://www.frixlaw.com/law-library/statutes/usc_t25_s1461.md)
- [25 U.S.C. § 1462 Economic development; educational loans; limitation of loans to or investments in non-Indian organizations](https://www.frixlaw.com/law-library/statutes/usc_t25_s1462.md)
- [25 U.S.C. § 1463 Repayment of loan; financing from other sources](https://www.frixlaw.com/law-library/statutes/usc_t25_s1463.md)
- [25 U.S.C. § 1464 Maturity of loans; interest rate; interest deferral on educational loans](https://www.frixlaw.com/law-library/statutes/usc_t25_s1464.md)
- [25 U.S.C. § 1465 Modification of amount of loan and document securing loan in collection of loan or in best interests of the United States](https://www.frixlaw.com/law-library/statutes/usc_t25_s1465.md)
- [25 U.S.C. § 1466 Land and personal property title](https://www.frixlaw.com/law-library/statutes/usc_t25_s1466.md)
- [25 U.S.C. § 1467 Security for loan; assignment of securities; reasonable assurance of repayment](https://www.frixlaw.com/law-library/statutes/usc_t25_s1467.md)
- [25 U.S.C. § 1468 Authorization of appropriations](https://www.frixlaw.com/law-library/statutes/usc_t25_s1468.md)
- [25 U.S.C. § 1469 Rules and regulations](https://www.frixlaw.com/law-library/statutes/usc_t25_s1469.md)
- [25 U.S.C. § 1481 Loan guaranties and insurance](https://www.frixlaw.com/law-library/statutes/usc_t25_s1481.md)
- [25 U.S.C. § 1482 Premium charges; deposits in Indian Loan Guaranty and Insurance Fund](https://www.frixlaw.com/law-library/statutes/usc_t25_s1482.md)
- [25 U.S.C. § 1483 Interest rate](https://www.frixlaw.com/law-library/statutes/usc_t25_s1483.md)
- [25 U.S.C. § 1484 Application for loan; approval by Secretary; issuance of certificate; limitations on amount of loans to individual Indians or economic enterprises; review by Secretary](https://www.frixlaw.com/law-library/statutes/usc_t25_s1484.md)
- [25 U.S.C. § 1485 Sale or assignment of loans and underlying security](https://www.frixlaw.com/law-library/statutes/usc_t25_s1485.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t25_s1461. Check the current official text before relying on it. Not legal advice.