SUBCHAPTER V—MISCELLANEOUS PROVISIONS
§1541. Competent management and technical assistance for economic enterprises
Prior to and concurrent with the making or guaranteeing of any loan under subchapters I and II of this chapter and with the making of a grant under subchapter IV of this chapter, the purpose of which is to fund the development of an economic enterprise, the Secretary shall insure that the loan or grant applicant shall be provided competent management and technical assistance for preparation of the application and/or administration of funds granted consistent with the nature of the enterprise proposed to be or in fact funded.
(
Editorial Notes
Amendments
1984—
§1542. Agency cooperation; private contracts for management services and technical assistance
For the purpose of providing the assistance required under
(
Editorial Notes
Amendments
1993—
1973—
Statutory Notes and Related Subsidiaries
Effective Date of 1993 Amendment
Amendment by
§1543. Funds limitation for private contracts
For the purpose of entering into contracts pursuant to
(
Editorial Notes
Amendments
1984—
§1544. Additional compensation to contractors of Federal agency
Notwithstanding any other provision of law, a contractor of a Federal agency under any Act of Congress may be allowed an additional amount of compensation equal to 5 percent of the amount paid, or to be paid, to a subcontractor or supplier, in carrying out the contract if such subcontractor or supplier is an Indian organization or Indian-owned economic enterprise as defined in this chapter.
(
§1545. Livestock loans; cash settlements
All acceptances of cash settlements by the Commissioner of Indian Affairs for livestock lent by the United States to any individual Indian, or to any tribe, association, corporation, or other group of Indians, and all sales and relending of livestock repaid in kind to the United States on account of such loans are authorized and ratified: Provided, That on and after May 24, 1950, the value of such livestock for the purposes of any such cash settlement shall be based on prevailing market prices in the area and shall be ascertained by a committee composed of three members, one of whom shall be selected by the superintendent of the particular agency, one of whom shall be selected by the chairman of the tribal council, and one of whom shall be selected by the other two members.
(May 24, 1950, ch. 197, §1,
Editorial Notes
Codification
Section was enacted as part of act May 24, 1950, ch. 197, and not as part of the Indian Financing Act of 1974 which comprises this chapter.
Section was formerly classified to
§1546. Disposition of cash settlements
Any moneys received on and after May 24, 1950, in settlement of such debts or from the sale of livestock so repaid to the United States shall be deposited in the revolving fund established pursuant to the Acts of June 18, 1934 (
(May 24, 1950, ch. 197, §2,
Editorial Notes
References in Text
Act of June 18, 1934, referred to in text, is act June 18, 1934, ch. 576,
Act of June 26, 1936, referred to in text, is act June 26, 1936, ch. 831,
Funds in the revolving fund authorized by these Acts, and certain other sums, to be administered after Apr. 12, 1974, as a single Indian Revolving Loan Fund, see
Codification
Section was enacted as part of act May 24, 1950, ch. 197, and not as part of the Indian Financing Act of 1974 which comprises this chapter.
Section was formerly classified to