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U.S. Code as of:
01/19/04
Section 490. Tribal rights and privileges in connection with loans
A tribe or tribal corporation to which a loan is made or insured
pursuant to sections 488 to 494 of this title (1) may waive in
writing any immunity from suit or liability which it may possess,
(2) may mortgage or otherwise hypothecate trust or restricted
property if (a) authorized by its constitution or charter or by a
tribal referendum, and (b) approved by the Secretary of the
Interior, and (3) shall comply with rules and regulations
prescribed by the Secretary of Agriculture in connection with such
loans.
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