---
kind: "section"
citation: "25 C.F.R. § 103.31"
title: "25"
number: "103.31"
heading: "What loan servicing requirements apply to BIA?"
url: "https://uscodex.org/cfr/25/103.31"
---

# §103.31. What loan servicing requirements apply to BIA?


Once a lender extends a loan that is guaranteed or insured under the Program, BIA has no responsibility for decisions concerning it, except for:

- (a) Any approvals required under this part;
- (b) Any decisions reserved to BIA under conditions of BIA's guaranty certificate or insurance coverage; and
- (c) Decisions concerning a loan that the lender has assigned to BIA or to which BIA is subrogated by virtue of paying a claim based on a guaranty certificate or insurance coverage.

## Notes

### Authority

Authority: 25 U.S.C. 1498, 1511.

### Source

Source: 66 FR 3867, Jan. 17, 2001, unless otherwise noted.