25 C.F.R. § 103.2

Who does the Program help?

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The purpose of the Program is to encourage eligible borrowers to develop viable Indian businesses through conventional lender financing. The direct function of the Program is to help lenders reduce excessive risks on loans they make. That function in turn helps borrowers secure conventional financing that might otherwise be unavailable.

Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2006–2024 · leading case: Plains Com. Bank v. Long Fam. Land & Catt. Co., 440 F. Supp. 2d 1070 (D.S.D. 2006).
Plains Com. Bank v. Long Fam. Land & Catt. Co., 440 F. Supp. 2d 1070 (D.S.D. 2006). “' 25 C.F.R. § 103.2 . 4 . In reaching this conclusion, the Court of Appeals for the Ninth Circuit followed an interpretive maxim which generally instructs that " '[w]here general words follow specific words in a statutory enumeration, the general words are construed to embrace…”
Great Am. Life Ins. Co. v. United States Dep't of the Interior (S.D. Ohio 2024). “” 25 C.F.R. § 103.2 . Specifically, the guaranty and insurance provisions allow the Secretary to “guarantee up to 90 per cent of the unpaid principal and interest due on any loan made to approved organizations of Indians and individual Indians.”
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