43 CFR 1882.5-5
§ 1882.5-5 Security for a loan.
United States · 43 CFR — Public Lands: Interior · Status: effective
Cite this
- Citation
- 43 CFR 1882.5-5, § 1882.5-5 Security for a loan, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/210722
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Full text
The only security for loans made under this subpart shall be the mineral revenues received by a qualified State or its political subdivisions under the Act. Loans made under this subpart shall not constitute an obligation upon the general property or taxing authority of the qualified recipient.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.