An Act to repeal the Act of August 25, 1959, with respect to the final disposition of the affairs of the Choctaw Tribe
PL 91-386 (H.R.15866), enacted 08/20/1970

828 
PUBLIC LAW 91-385-AUG. 20, 1970 
[84 STAT. 
Public Law 91-385 
. on 
, o . n 
A N A C T 
August 20, 1970 
[
H
w R. 17711] 
To amend the District of Columbia Cooperative Association Act, and for otiier 
purposes. 
D.C. usury 
law, exemption 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That section 43 of 
the District of Columbia Cooperative Association Act (D.C. Code, 
54 Stat. 490. 
g^c. 29-843) is amended by adding at the end thereof the following-
new sentence: "The Act of February 4,1913 (D.C. Code, sees. 26-601— 
37 Stat. 657; 
26-611) (relating to licenses for loaning of money), and chapter 33 of 
78 Stat. 675. 
title 28 of the District of Columbia Code (relating to interest rates) 
D.C. Code 28- 
shall not apply to— 
fn/ra.^'^ ^*''" 
"(A) any association formed under this Act (whose sole func-
tion is to arrange and provide financing for its members), and 
"(B) any members of such association engaged in utility 
operations 
with respect to any contract or agreement between such association 
and any member relating to a loan of money in connection with such 
utility operations." 
SEC. 2. (a) Chapter 33 of title 28 of the District of Columbia Code 
is amended by adding the following new section: 
"§28-3307. District of Columbia Council authorized to exempt 
certain mortgages and loans 
"The District of Columbia Council is authorized from time to time 
to provide by regulation for the exemption from the provisions of this 
chapter of any mortgage or loan insured or guaranteed under the 
\\ ^t|J,- 1246. 
National Housing Act or chapter 37 of title 38, United States Code, 
and note. 
the iuterest rate of which is subject to regulation by an officer or agency 
72 Stat. 1203; 
of the Federal Government. The Council is further authorized to 
"sV'usc 1801- 
amend or repeal any such regulation at any time, but no such amend-
18 27. 
ment or repeal shall affect any such loan or mortgage lawfully made or 
committed to be made while such exemption is in effect." 
(b) The chapter analysis of chapter 33 of title 28 is amended by 
inserting immediately below the item relating to section 28-3306 the 
following new item: 
"28-3307. District of Columbia Council authorized to exempt certain mortgages 
and loans". 
Approved August 20, 1970. 
Public Law 91-386 
August 24, 1970 
^ ACT 
[H. R. 15866] 
To rei)eal the Act of August 25, 1959, with respect to the final disposition of the 
affairs of the Chotlaw Tribe. 
Be it enacted hy the Senate and Houne of Representatives 
of the 
United States of America in Congress assembled^ That the Act of 
RTpe°ai. 
August 25,1959 (73 Stat. 420), as amended, is repealed. 
25 use 355 
SEC. 2. Repeal of the Act of August 25,1959, shall not be construed 
to abrogate, impair, annul, or otherwise affect any right or interest 
which may have vested under the provisions of said Act nor shall repeal 
affect any legal action pending on the date of enactment of this Act. 
Approved August 24, 1970. 
Choctaw 
Indians 
note