---
kind: "section"
citation: "25 U.S.C. § 1486"
title: "25"
title_heading: "Indians"
number: "1486"
heading: "Loans ineligible for guaranty or insurance"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/25/1486"
units:
  - "Chapter 17 — Financing Economic Development of Indians and Indian Organizations"
  - "Subchapter II — Loan Guaranty and Insurance"
---

# §1486. Loans ineligible for guaranty or insurance


Loans made by any agency or instrumentality of the Federal Government (not including an eligible Community Development Finance Institution), or by an organization of [Indians](/usc/25/1452.md?p=b) from funds borrowed from the United States, and loans the interest on which is not included in gross income for the purposes of [chapter 1](/usc/26/chstA/ch1.md) of title 26 shall not be eligible for guaranty or insurance hereunder.


## Source credit

(Pub. L. 93–262, title II, § 206, Apr. 12, 1974, 88 Stat. 80; Pub. L. 99–514, § 2, Oct. 22, 1986, 100 Stat. 2095; Pub. L. 109–221, title IV, § 401(c), May 12, 2006, 120 Stat. 342.)

## Notes

### Editorial Notes

### Amendments

2006—Pub. L. 109–221 inserted “(not including an eligible Community Development Finance Institution)” after “Government”.

1986—Pub. L. 99–514 substituted “Internal Revenue Code of 1986” for “Internal Revenue Code of 1954”, which for purposes of codification was translated as “title 26” thus requiring no change in text.