
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 25USC1465]

 
                            TITLE 25--INDIANS
 
    CHAPTER 17--FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN 
                              ORGANIZATIONS
 
                SUBCHAPTER I--INDIAN REVOLVING LOAN FUND
 
Sec. 1465. Modification of amount of loan and document securing 
        loan in collection of loan or in best interests of the United 
        States
        
    The Secretary may cancel, adjust, compromise, or reduce the amount 
of any loan or any portion thereof heretofore or hereafter made from the 
revolving loan fund established by this subchapter and its predecessor 
constituent funds which he determines to be uncollectable in whole or in 
part, or which is collectable only at an unreasonable cost, or when such 
action would, in his judgment, be in the best interests of the United 
States. He may also adjust, compromise, subordinate, or modify the terms 
of any mortgage, lease, assignment, contract, agreement, or other 
document taken to secure such loans.

(Pub. L. 93-262, title I, Sec. 105, Apr. 12, 1974, 88 Stat. 78; Pub. L. 
98-449, Sec. 3, Oct. 4, 1984, 98 Stat. 1725.)


                               Amendments

    1984--Pub. L. 98-449 struck out proviso at end of first sentence 
which provided that proceedings pursuant to this section would be 
effective only after following the procedure set out in section 386a of 
this title.
