1. LawStack
  2. Title 25 - Indians
  3. Chapter I - BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
  4. Subchapter G - FINANCIAL ACTIVITIES
  5. Part 103 - LOAN GUARANTY, INSURANCE, AND INTEREST SUBSIDY
  6. Subpart G - Default and Payment by BIA
  7. 25 CFR § 103.41
25 CFR § 103.41
What happens if a lender violates provisions of this part?
February 24, 2021
CFR

In addition to reducing or eliminating payment on a specific claim for loss, BIA may either temporarily suspend, or permanently bar, a lender from making or acquiring loans under the Program if the lender repeatedly fails to abide by the requirements of this part, or if the lender significantly violates the requirements of this part on any single occasion.

Previous
§ 103.40 Will BIA make exceptions to its criteria for denying payment?
Next
§ 103.42 How long must a lender comply with Program requirements?

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC