LOANS TO PURCHASERS OF HIGHLY FRACTIONATED LAND.

SEC. 5402. LOANS TO PURCHASERS OF HIGHLY FRACTIONATED LAND. The first section of Public Law 91–229 (25 U.S.C. 488) is amended—(1) in subsection (a), in the first sentence, by striking “loans from” and all that follows through “1929)” and inserting “direct loans in a manner consistent with direct loans pursuant to subtitle D of the Consolidated Farm and Rural Development Act (7 U.S.C. 1981 et seq.)”; and(2) in subsection (b)(1)—(A) by striking “pursuant to section 205(c) of the Indian Land Consolidation Act (25 U.S.C. 2204(c))”; and(B) by inserting “or to intermediaries in order to establish revolving loan funds for the purchase of highly fractionated land under that section” before the period at the end.