Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter A - General Management (1000) |
Part 1880 - Financial Assistance, Local Governments |
Subpart 1882 - Mineral Development Impact Relief Loans |
§ 1882.5-5 - Security for a loan.
Latest version.
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§ 1882.5-5 Security for a loan.
The only security for loans made under this subpart shall be the mineral revenues received by a qualified State or its political subdivisions under the Act. Loans made under this subpart shall not constitute an obligation upon the general property or taxing authority of the qualified recipient.