25 CFR 140.23

§ 140.23 Credit at trader's risk.

United States · 25 CFR — Indians · Status: effective

Cite this

Citation: 25 CFR 140.23, § 140.23 Credit at trader's risk, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/105109
Permanent ID: ys:prov:105109@1
SHA-256: 36379ac6879077a0ace7755802eb322a82d6ce8376faeb62335caaadf5891aa2

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Full text

Credit given Indians will be at the trader's own risk, as no assistance will be given by Government officials in the collection of debts against Indians. Traders shall not accept pawns or pledges of personal property by Indians to obtain credit or loans.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.