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Current as of October 02, 2022 | Updated by FindLaw Staff
(a) A Tribe can use TTP funds to leverage other funds.
(b) A Tribe can use TTP funds to pay back loans or other finance instruments (including those provided through an agreement with another Tribe) that were used for a project that:
(1) The Tribe paid for in advance of the current year using non–TTP funds;
(2) Was included in FHWA–approved TTPTIP; and
(3) Was included in the NTTFI at the time of construction.
Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.170.228 Can a Tribe use TTP funds to leverage other funds or to pay back loans? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-170-228/
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