Federal · Title 25 — Indians

25 U.S.C. § 1488: Lenders authorized to make loans; decrease or increase of liability under the guaranty

Read the full statutory text
Loans guaranteed hereunder may be made by any lender satisfactory to the Secretary, except as provided in section 1486 of this title . The liability under the guaranty shall decrease or increase pro rata with any decrease or increase in the unpaid portion of the obligation.

Verify at the official source: Federal legislative text

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.