Regulatory Text
25 C.F.R. § 103.38 — Is there anything else for BIA or the lender to do after BIA makes payment?
§ 103.38 Is there anything else for BIA or the lender to do after BIA makes payment? When BIA pays the lender on its claim for loss, the lender must sign and deliver to BIA an assignment of rights to its loan agreement with the borrower, in a document acceptable to BIA. Immediately upon payment, BIA is subrogated to all rights of the lender under the loan agreement with the borrower, and must pursue collection efforts against the borrower and any co-maker and guarantor, as required by law.
Source: ecfr.gov · govinfo.gov — public domain
Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record
Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR25-SEC-E9C0DD
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
25 C.F.R. § 103.38
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
cd8d56e50ad2dad4...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 25 C.F.R. § 103.38 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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Title 25 — Indians
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25 C.F.R. — public domain
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