25 CFR 101.22
§ 101.22 Repayments on loans made by relending organizations.
United States · 25 CFR — Indians · Status: effective
Cite this
- Citation
- 25 CFR 101.22, § 101.22 Repayments on loans made by relending organizations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/104809
- Permanent ID
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Full text
Repayments on loans made by a relending organization conducting a relending program will be made to the officers of the lending organization or individuals designated and authorized in a declaration of policy and plan of operation. Collections on loans and other income to a relending program will be deposited in the lender's revolving loan account as designated in a declaration of policy and plan of operation. Collections on loans will be first applied to pay interest to date of payment with the balance applied to the principal.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.