On and after May 10, 1939 , no individual of less than one-quarter degree of Indian blood shall be eligible for a loan from funds made available in accordance with the provisions of the Act of June 18, 1934 ( 48 Stat. 986 ) [ 25 U.S.C. 5101 et seq.], and the Act of June 26, 1936 ( 49 Stat. 1967 ). (May 10, 1939, ch. 119, § 1, 53 Stat. 698 .) Editorial Notes References in Text Act of June 18, 1934 , referred to in text, is act June 18, 1934, ch. 576, 48 Stat. 984 , popularly known as the Indian Reorganization Act , which is classified generally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5101 of this title and Tables. Act of June 26, 1936 , referred to in text, is act June 26, 1936, ch. 831, 49 Stat. 1967 , popularly known as the Oklahoma Welfare Act , which was classified generally to subchapter VIII (§ 501 et seq.) of chapter 14 of this title prior to editorial reclassification as chapter 45A (§ 5201 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 5201 of this title and Tables. Provisions of the Act relating to the revolving fund appear in section 5206 of this title . Codification Section was formerly classified to section 480 of this title prior to editorial reclassification and renumbering as this section.