25 CFR 103.43
§ 103.43 What must the lender do after repayment in full?
United States · 25 CFR — Indians · Status: effective
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- Citation
- 25 CFR 103.43, § 103.43 What must the lender do after repayment in full?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/104863
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Full text
The lender must completely and promptly release of record all remaining collateral for a guaranteed or insured loan after the loan has been paid in full. The release must be at the lender's sole cost. In addition, if the loan is prepaid the lender must notify BIA in accordance with § 103.33(f).
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.