Laws: Cases and Codes : U.S. Code : Title 25 : Section 492


   
U.S. Code as of: 01/19/04
Section 492. Interest rates and taxes

      Loans made or insured pursuant to sections 488 to 494 of this
    title will be subject to the interest rate provisions of section
    307(a)(3)(B) of the Consolidated Farmers Home Administration Act of
    1961, as amended [7 U.S.C. 1927(a)(3)(B)], and to the provisions of
    subtitle D of that Act [7 U.S.C. 1981 et seq.] except sections 340
    [7 U.S.C. 1990], 341, 342 [7 U.S.C. 1013a], and 343 [7 U.S.C. 1991]
    thereof: Provided, That section 334 [7 U.S.C. 1984] thereof shall
    not be construed to subject to taxation any lands or interests
    therein while they are held by an Indian tribe or tribal
    corporation or by the United States in trust for such tribe or
    tribal corporation pursuant to sections 488 to 494 of this title.



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