On July 15, 2020, the Federal Reserve Bank of Boston issued new guidance expressly permitting tribal businesses that are borrowers under the Main Street Lending Program (“MSLP”) to pay dividends to their tribal government...more
7/16/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Federal Register ,
Federal Reserve ,
Interim Rule ,
Local Ordinance ,
Main Street Lending Programs ,
New Guidance ,
Secretary of the Treasury ,
Tribal Governments ,
Tribal Loans
Tribal leaders and federal officials this week will begin the task of implementing the economic relief programs of the Coronavirus Aid, Relief and Economic Security Act (or “Act”) passed by Congress on March 27, 2020. The...more