25 C.F.R. § 103.9   Who applies to BIA under the Program?


Title 25 - Indians


Title 25: Indians
PART 103—LOAN GUARANTY, INSURANCE, AND INTEREST SUBSIDY
Subpart B—How a Lender Obtains a Loan Guaranty or Insurance Coverage

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§ 103.9   Who applies to BIA under the Program?

The lender is responsible for determining whether it will require a BIA guaranty or insurance coverage, based upon the loan application it receives from an eligible borrower. If the lender requires a BIA guaranty or insurance coverage, the lender is responsible for completing and submitting a guaranty application or complying with a loan insurance agreement under the Program.

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