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2002 U.S. Code
Title 25 - INDIANS
CHAPTER 14 - MISCELLANEOUS
SUBCHAPTER I - GENERAL PROVISIONS
Sec. 442 - Livestock loans; cash settlements

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Metadata
Publication TitleUnited States Code, 2000 Edition, Supplement 2, Title 25 - INDIANS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 25 - INDIANS
CHAPTER 14 - MISCELLANEOUS
SUBCHAPTER I - GENERAL PROVISIONS
Sec. 442 - Livestock loans; cash settlements
Containssection 442
Date2002
Laws in Effect as of DateJanuary 6, 2003
Positive LawNo
Dispositionstandard
Source CreditMay 24, 1950, ch. 197, §1, 64 Stat. 190.
Statutes at Large Reference64 Stat. 190

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§442. Livestock loans; cash settlements

All acceptances of cash settlements by the Commissioner of Indian Affairs for livestock lent by the United States to any individual Indian, or to any tribe, association, corporation, or other group of Indians, and all sales and relending of livestock repaid in kind to the United States on account of such loans are authorized and ratified: Provided, That on and after May 24, 1950, the value of such livestock for the purposes of any such cash settlement shall be based on prevailing market prices in the area and shall be ascertained by a committee composed of three members, one of whom shall be selected by the superintendent of the particular agency, one of whom shall be selected by the chairman of the tribal council, and one of whom shall be selected by the other two members.

(May 24, 1950, ch. 197, §1, 64 Stat. 190.)

Section Referred to in Other Sections

This section is referred to in section 1461 of this title.

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