Lenders authorized to make loans; decrease or increase of liability under the guaranty
About This Law
/us/usc/t25/s1488
Title
25 — Indians
Chapter
CH17
Release
119-84
Release Date
2026-04-17
Section Text
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Loans guaranteed hereunder may be made by any lender satisfactory to the Secretary, except as provided in section 1486 of this title. The liability under the guaranty shall decrease or increase pro rata with any decrease or increase in the unpaid portion of the obligation.
(Pub. L. 93–262, title II, § 208, Apr. 12, 1974, 88 Stat. 80.)
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