25 CFR 101.19
§ 101.19 Assignment of loans.
United States · 25 CFR — Indians · Status: effective
Cite this
- Citation
- 25 CFR 101.19, § 101.19 Assignment of loans, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/104806
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Full text
A borrower of a direct loan from the United States may not assign the loan agreement or any interest in it to a third party without the consent of the Commissioner. Relending organizations which are conducting relending programs may not assign the loan agreements of borrowers, or any interest therein, to third parties without the approval of the Commissioner and the borrower.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.