Regulations last checked for updates: Nov 24, 2024

Title 25 - Indians last revised: Mar 22, 2024
§ 103.43 - What must the lender do after repayment in full?

The lender must completely and promptly release of record all remaining collateral for a guaranteed or insured loan after the loan has been paid in full. The release must be at the lender's sole cost. In addition, if the loan is prepaid the lender must notify BIA in accordance with § 103.33(f).

authority: 25 U.S.C. 1498,1511
source: 66 FR 3867, Jan. 17, 2001, unless otherwise noted.
cite as: 25 CFR 103.43