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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 25 U.S.C. § 5113 Revolving fund; appropriation for loans us united_states_code code_section 25 INDIANS 45 PROTECTION OF INDIANS AND CONSERVATION OF RESOURCES 5113 25 U.S.C. § 5113 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc25@119-100.zip /us/usc/t25/s5113 data/legal/raw/us/code/title-25/usc25.xml ea35c1748beff34edd6c46fdc1f3eff7b393dac0a06e194f3021dc9db1ea8ea1 d4661d83bff6862be548ac8e843ba61e942ed983aade7cf83cb7dbc3dcd08168 035be653c3b100582aba94527ec0ffa6c507b3a686b1ff0079a03759e580e67e 2026-07-04 official
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25 U.S.C. § 5113 - Revolving fund; appropriation for loans

Text

There is authorized to be appropriated, out of any funds in the Treasury not otherwise appropriated, the sum of $20,000,000 to be established as a revolving fund from which the Secretary of the Interior, under such rules and regulations as he may prescribe, may make loans to Indian chartered corporations for the purpose of promoting the economic development of such tribes and of their members, and may defray the expenses of administering such loans. Repayment of amounts loaned under this authorization shall be credited to the revolving fund and shall be available for the purposes for which the fund is established.

(June 18, 1934, ch. 576, § 10, 48 Stat. 986; Pub. L. 86533, § 1(16), June 29, 1960, 74 Stat. 248; Pub. L. 87250, Sept. 15, 1961, 75 Stat. 520.)

Notes

Editorial Notes

Codification Section was formerly classified to section 470 of this title prior to editorial reclassification and renumbering as this section.

Amendments1961—Pub. L. 87250 substituted “$20,000,000” for “$10,000,000”. 1960—Pub. L. 86533 repealed provisions which required a report to be made annually to the Congress of transactions under the authorization.

Statutory Notes and Related Subsidiaries

Administration of FundFunds from diverse sources to be administered as a single Indian Revolving Loan Fund after Apr. 12, 1974, see section 1461 of this title.