Revolving fund; loans; regulations

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Title 25—INDIANS > CHAPTER 45—PROTECTION OF INDIANS AND CONSERVATION OF RESOURCES

This text was captured on May 6, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

The Secretary of the Interior, or his designated representative, is authorized, under such regulations as the Secretary may prescribe, to make loans from the revolving fund established pursuant to the Acts of June 18, 1934 ( 48 Stat. 984 ) [ 25 U.S.C. 5101 et seq.], and June 26, 1936 ( 49 Stat. 1967 ), to tribes, bands, groups, and individual Indians, not otherwise eligible for loans under said Acts: Provided , That no portion of these funds shall be loaned to Indians of less than one-quarter Indian blood.

( May 7, 1948, ch. 266 , 62 Stat. 211 .)

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