
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 25USC1464]

 
                            TITLE 25--INDIANS
 
    CHAPTER 17--FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN 
                              ORGANIZATIONS
 
                SUBCHAPTER I--INDIAN REVOLVING LOAN FUND
 
Sec. 1464. Maturity of loans; interest rate; interest deferral 
        on educational loans
        
    Loans shall be for terms that do not exceed thirty years and shall 
bear interest at (a) a rate determined by the Secretary of the Treasury 
taking into consideration the market yield on municipal bonds: Provided, 
That in no event shall the rate be greater than the rate determined by 
the Secretary of the Treasury taking into consideration the current 
average yield on outstanding marketable obligations of the United States 
of comparable maturity, plus (b) such additional charge, if any, toward 
covering other costs of the program as the Secretary may determine to be 
consistent with its purpose: Provided, That educational loans may 
provide for interest to be deferred while the borrower is in school or 
in the military service.

(Pub. L. 93-262, title I, Sec. 104, Apr. 12, 1974, 88 Stat. 78.)

                  Section Referred to in Other Sections

    This section is referred to in section 1511 of this title.
