2011 US Code
Title 25 - Indians
Chapter 4 - PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS (§§ 91 - 166)
Subchapter III - DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS (§§ 151 - 166)
Section 158 - Investment of proceeds of lands

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 25 - INDIANS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 25 - INDIANS
CHAPTER 4 - PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS
SUBCHAPTER III - DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS
Sec. 158 - Investment of proceeds of lands
Containssection 158
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditR.S. §2096.
Statutes at Large References5 Stat. 135
64 Stat. 1262

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25 USC § 158 (2011)
§158. Investment of proceeds of lands

The Secretary of the Interior shall invest in a manner which shall be in his judgment most safe and beneficial for the fund, all moneys that may be received under treaties containing stipulations for the payment to the Indians, annually, of interest upon the proceeds of the lands ceded by them; and he shall make no investment of such moneys, or of any portion, at a lower rate of interest than 5 per centum per annum.

(R.S. §2096.)

Codification

R.S. §2096 derived from act Jan. 9, 1837, ch. 1, §4, 5 Stat. 135.

Transfer of Functions

For transfer of functions of other officers, employees, and agencies of Department of the Interior, with certain exceptions, to Secretary of the Interior, with power to delegate, see Reorg. Plan No. 3 of 1950, §§1, 2, eff. May 24, 1950, 15 F.R. 3174, 64 Stat. 1262, set out in the Appendix to Title 5, Government Organization and Employees.

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