Indian Financing Act of 1973: Hearing, Ninety-third Congress, First Session ... Hearing Held in Washington, D.C., October 12, 1973 |
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Common terms and phrases
acquired administrative expenses Alaska Native amount applicant appropriated approval assignment believe bill Blackfeet borrower BRUCE Bureau of Indian CAMP cancel the uncollectible capital Central Council centum Chairman Coeur d'Alene Tribe committee CONGRESS THE LIBRARY debt economic development economic enterprise eligible established exceed foreclosure guarantee program guaranteed loans guaranteed or insured hereafter Indian Affairs Indian Business Development Indian Financing Act Indian organizations Indian reservations Indian tribes Indians and Indian individual Indian insured loans judgment land purchased legislation lender or holder Liberty Bond LIBRARY OF CONGRES LIBRARY OF CONGRESS LLOYD MEEDS loan program LUJAN MEEDS ment million mortgage non-Indian obligations Oklahoma organizations of Indians percent purposes pursuant reimbursement repayment revolving fund revolving loan fund Secretary determines Secretary is authorized SELVEY Stat subrogated subsidy taken in trust terms and conditions tion Tlingit and Haida Treasury tribal uncollectible portion United ZWACH
Popular passages
Page 115 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 120 - eligible lender" means an eligible institution, an agency or instrumentality of a State, or a financial or credit institution (including an insurance company) which is subject to examination and supervision by an agency of the United States or of any State. ( f ) The term "line of credit...
Page 106 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 114 - Such notes shall be in such form and denominations and have such maturities and be subject to such terms and conditions as may be prescribed by the Secretary with the approval of the Secretary of the Treasury. Such notes...
Page 106 - Interest payments may be deferred with the approval of the Secretary of the Treasury, but any interest payments so deferred shall themselves bear interest.
Page 44 - ... transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which such securities may be issued under such Act, as amended, are extended to include purchases of notes issued by the Secretary.
Page 102 - Federal-State program of food assistance to be operated through normal channels of trade ; and for other purposes. Be it enacted 'by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as "The Food Stamp Act of 1964".
Page 115 - Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as...
Page 105 - Secretary determines to be reasonable, taking into account the range of interest rates prevailing in the private market for similar loans and the risks assumed by the United States, and (B) the loan would not be available on reasonable terms and conditions without the guarantee under this subchapter.
Page 115 - Administrator; (6) payment in compliance with contracts of guarantee; (7) payment of taxes, insurance, prior liens, expenses necessary to make fiscal adjustments in connection with the application, and transmittal of collections or necessary to obtain credit reports on applicants or borrowers...