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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. § 1511 Interest subsidies; rules and regulations us united_states_code code_section 25 INDIANS 17 FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS 1511 25 U.S.C. § 1511 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/s1511 data/legal/raw/us/code/title-25/usc25.xml 6b6618007ac3e0fcca5c03b57284f41e904a4cd8e882f6fabc626029e28c2916 d4661d83bff6862be548ac8e843ba61e942ed983aade7cf83cb7dbc3dcd08168 e2cf7b06298ccd9963a25837d2e1da132a17a055a9471eccbb85b26b27434581 2026-07-04 official
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25 U.S.C. § 1511 - Interest subsidies; rules and regulations

Text

The Secretary is authorized under such rules and regulations as he may prescribe to pay as an interest subsidy on loans which are guaranteed or insured under the provisions of subchapter II of this chapter amounts which are necessary to reduce the rate payable by the borrower to the rate determined under section 1464 of this title.

(Pub. L. 93262, title III, § 301, Apr. 12, 1974, 88 Stat. 82.)