25 USC 1486: Loans ineligible for guaranty or insurance
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*Public Law 119-60 has been enacted, but classifications have not been finalized. The currency ("laws in effect") date does not reflect acts for which classifications have not been finalized.

25 USC 1486: Loans ineligible for guaranty or insurance Text contains those laws in effect on January 8, 2026
From Title 25-INDIANSCHAPTER 17-FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONSSUBCHAPTER II-LOAN GUARANTY AND INSURANCE

§1486. Loans ineligible for guaranty or insurance

Loans made by any agency or instrumentality of the Federal Government (not including an eligible Community Development Finance Institution), 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 ; Pub. L. 109–221, title IV, §401(c), May 12, 2006, 120 Stat. 342 .)


Editorial Notes

Amendments

2006-Pub. L. 109–221 inserted "(not including an eligible Community Development Finance Institution)" after "Government".

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.