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25 U.S.C. · Indians
25 U.S.C. § 1494

Evidence of eligibility of loan for and amount of guaranty or insurance; defenses and partial defenses against original lender

Ch. 17 — FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS
Title 25 U.S.C. ● ACTIVE Primary Source Ch. 17
Statutory Text

25 U.S.C. § 1494 — Evidence of eligibility of loan for and amount of guaranty or insurance; defenses and partial defenses against original lender

U.S.C. Title 25 - INDIANS 25 U.S.C. United States Code, 2023 Edition Title 25 - INDIANS CHAPTER 17 - FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS SUBCHAPTER II - LOAN GUARANTY AND INSURANCE Sec. 1494 - Evidence of eligibility of loan for and amount of guaranty or insurance; defenses and partial defenses against original lender From the U.S. Government Publishing Office, www.gpo.gov

§1494. Evidence of eligibility of loan for and amount of guaranty or insurance; defenses and partial defenses against original lender

Any evidence of guaranty or insurance issued by the Secretary shall be conclusive evidence of the eligibility of the loan for guaranty or insurance under the provisions of this chapter and the amount of such guaranty or insurance: Provided, That nothing in this section shall preclude the Secretary from establishing, as against the original lender, defenses based on fraud or material misrepresentation or bar him from establishing, by regulations in force at the date of such issuance or disbursement, whichever is the earlier, partial defenses to the amount payable on the guaranty or insurance.

(Pub. L. 93–262, title II, §214, Apr. 12, 1974, 88 Stat. 81.)

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC25-SEC-6649F3
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STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
25 U.S.C. § 1494
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Federal — United States
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PRIMARY-SOURCE
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513a5656cf957dbd...
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The statutory text of 25 U.S.C. § 1494 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Ch. 17 — FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS
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25 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 25 → 25 U.S.C. § 1494