25 CFR 40.4 - Security.

Regulations last checked for updates: May 06, 2024

Title 25 - Indians last revised: Mar 22, 2024

§ 40.4 - Security.

If a borrower or cosigner has security to offer for an educational loan it must be given in an amount adequate to protect the loan.

authority: Sec. 11, 48 Stat. 986; 25 U.S.C. 471.

source: 22 FR 10533, Dec. 24, 1957, unless otherwise noted. Redesignated at 47 FR 13327, Mar. 30, 1982.

cite as: 25 CFR 40.4