25-U.S.C.-1499

§1499 – Limitation On Guarantee of Debt Issues; Approval of Bond Issue Sale

Pathway

Title 25 > Chapter 17 > Subchapter II > Section 1499

Details

• Reference: Section 1499
• Legend: §1499 – Limitation On Guarantee of Debt Issues; Approval of Bond Issue Sale
• USCode Year: 2013

Provision Content

(a) The Secretary may guarantee not to exceed 90 percent of the unpaid principal and interest due on an issue of bonds, debentures, or similar obligations issued by an organization satisfactory to the Secretary. Such an issue shall be deemed a loan for purposes of sections 1482, 1483, 1484, 1485, 1486, 1489, 1490, 1491, 1493, 1494, 1495, 1496, and 1497 of this title.

(b) The method by which an issue of bonds guaranteed under this section may be sold shall be subject to approval by the Secretary.

(Pub. L. 93–262, title II, §220, as added Pub. L. 100–442, §6, Sept. 22, 1988, 102 Stat. 1764.)

U.S. Encyclopedia of Law Coverage

25-U.S.C.-1494 in the Legal Encyclopedia: Indians

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25-U.S.C.-1482 in the Legal Encyclopedia: Loans

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25-U.S.C.-1484 in the Legal Encyclopedia: Insurance

In this entry about 25-U.S.C.-1484, find legal reference material, bibliographies and premiere content related to insurance in the American Encyclopedia of Law, presenting a comprehensive view of the United States insurance-specific issues, written by authorities in the field.

25-U.S.C.-1467 in the Legal Encyclopedia: Indians Financing

In this entry about 25-U.S.C.-1467, find legal reference material, bibliographies and premiere content related to indians financing in the American Encyclopedia of Law, presenting a comprehensive view of the United States indians financing-specific issues, written by authorities in the field.

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