25 USC 1486: Loans ineligible for guaranty or insurance
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25 USC 1486: Loans ineligible for guaranty or insurance Text contains those laws in effect on January 2, 2001
From Title 25-INDIANSCHAPTER 17-FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONSSUBCHAPTER II-LOAN GUARANTY AND INSURANCE
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§1486. Loans ineligible for guaranty or insurance

Loans made by any agency or instrumentality of the Federal Government, or by an organization of Indians from funds borrowed from the United States, and loans the interest on which is not included in gross income for the purposes of chapter 1 of title 26 shall not be eligible for guaranty or insurance hereunder.

( Pub. L. 93–262, title II, §206, Apr. 12, 1974, 88 Stat. 80 ; Pub. L. 99–514, §2, Oct. 22, 1986, 100 Stat. 2095 .)

Amendments

1986-Pub. L. 99–514 substituted "Internal Revenue Code of 1986" for "Internal Revenue Code of 1954", which for purposes of codification was translated as "title 26" thus requiring no change in text.

Section Referred to in Other Sections

This section is referred to in sections 1488, 1499 of this title.