Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 25 - Indians |
Chapter I - Bureau of Indian Affairs, Department of the Interior |
SubChapter G - Financial Activities |
Part 103 - Loan Guaranty, Insurance, and Interest Subsidy |
Subpart A - General Provisions |
§ 103.3 - Who administers the Program?
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§ 103.3 Who administers the Program?
Authority for administering the Program ultimately rests with the Secretary, who may exercise that authority directly at any time. Absent a direct exercise of authority, however, the Secretary delegates Program authority to BIA officials through the U.S. Department of Interior Departmental Manual. A lender should submit all applications and correspondence to the BIA office serving the borrower's location.