---
kind: "section"
citation: "25 U.S.C. § 1541"
title: "25"
title_heading: "Indians"
number: "1541"
heading: "Competent management and technical assistance for economic enterprises"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/25/1541"
units:
  - "Chapter 17 — Financing Economic Development of Indians and Indian Organizations"
  - "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](/usc/25/1452.md?p=e), the [Secretary](/usc/25/1452.md?p=a) 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.


## Source credit

(Pub. L. 93–262, title V, § 501, Apr. 12, 1974, 88 Stat. 83; Pub. L. 98–449, § 12, Oct. 4, 1984, 98 Stat. 1726.)

## Notes

### Editorial Notes

### Amendments

1984—Pub. L. 98–449 amended section generally, inserting “Prior to and” and “for preparation of the application and/or administration of funds granted”.