The National Indian Gaming Commission (“NIGC”) issued guidance this week for tribes and tribal lenders who submit loan documents to the NIGC for a so-called “declination letter.” Bulletin No. 2021-4, “Submission of Loan...more
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