25-U.S.C.-490

§490 – Tribal Rights and Privileges In Connection With Loans

Pathway

Title 25 > Chapter 14 > Subchapter V > Section 490

Details

• Reference: Section 490
• Legend: §490 – Tribal Rights and Privileges In Connection With Loans
• USCode Year: 2013

Provision Content

A tribe or tribal corporation to which a loan is made or insured pursuant to sections 488 to 494 of this title (1) may waive in writing any immunity from suit or liability which it may possess, (2) may mortgage or otherwise hypothecate trust or restricted property if (a) authorized by its constitution or charter or by a tribal referendum, and (b) approved by the Secretary of the Interior, and (3) shall comply with rules and regulations prescribed by the Secretary of Agriculture in connection with such loans.

(Pub. L. 91–229, §3, Apr. 11, 1970, 84 Stat. 120.)

U.S. Encyclopedia of Law Coverage

25-U.S.C.-480 in the Legal Encyclopedia: Indians

In this entry about 25-U.S.C.-480, find legal reference material, bibliographies and premiere content related to indians in the American Encyclopedia of Law, presenting a comprehensive view of the United States indians-specific issues, written by authorities in the field.

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