[Code of Federal Regulations]

[Title 45, Volume 4]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 45CFR1336.72]



[Page 241-242]

 

                        TITLE 45--PUBLIC WELFARE

 

CHAPTER XIII--OFFICE OF HUMAN DEVELOPMENT SERVICES, DEPARTMENT OF HEALTH 

                           AND HUMAN SERVICES

 

PART 1336_NATIVE AMERICAN PROGRAMS--Table of Contents

 

   Subpart F_Native Hawaiian Revolving Loan Fund Demonstration Project

 

Sec. 1336.72  Fiscal requirements.



    (a) Any portion of the revolving loan fund that is not required for 

expenditure must be invested in obligations of the United States or in 

obligations guaranteed or insured by the United States.

    (b) Loans made under the RLF will be for a term that does not exceed 

five years.

    (c) No loan may be made by the RLF after November 29, 1992, the 

close of the five-year period of the demonstration project. (section 

803A(b)(6))

    (d) All monies that are in the revolving loan fund on November 29, 

1992 and that are not otherwise needed (as determined by the 

Commissioner) to carry out the provisions of this subpart must be 

deposited in the Treasury of the United States as miscellaneous 

receipts. The Commissioner will make this determination based on 

reports, audits and other appropriate documents as determined by the 

Commissioner. The Commissioner will take into consideration the costs 

necessary to collect loans outstanding beyond November 29, 1992, which 

costs may be paid from interest and loan charges collected by the Fund 

and in the Fund as of November 29, 1992. To use monies



[[Page 242]]



in the Fund for the costs of collection after November 29, 1992, the 

Commissioner must give prior approval for such use.

    (e) All monies deposited in the revolving loan fund after November 

29, 1992 must be deposited in the Treasury of the United States as 

miscellaneous receipts.

    (f) After November 29, 1992, the Loan Administrator will assume 

responsibility for the collection of all outstanding loans without 

additional financial assistance from ANA.