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Code of Federal Regulations Title 25. Indians § 25.169.211 What is the approval process for a mortgage of a right-of-way?

Current as of October 02, 2022 | Updated by FindLaw Staff

(a) When we receive a right-of-way mortgage for our approval, we will notify the grantee of the date we receive it. We have 30 days from receipt of the executed mortgage, proof of required consents, and required documentation to approve or disapprove the mortgage. Our determination whether to approve the mortgage will be in writing and will state the basis for our approval or disapproval.

(b) If we do not meet the deadline in this section, the grantee or Indian landowners may take appropriate action under § 169.304.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.169.211 What is the approval process for a mortgage of a right-of-way? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-169-211/

Read this complete Code of Federal Regulations Title 25. Indians § 25.169.211 What is the approval process for a mortgage of a right-of-way? on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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