2017 US Code
Title 25 - Indians
Chapter 4 - Performance by United States of Obligations to Indians
Subchapter III - Deposit, Care, and Investment of Indian Moneys
Sec. 161b - "Indian Money, Proceeds of Labor" fund; separate accounts for respective tribes; rate of interest

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Citation 25 U.S.C. § 161b (2017)
Section Name §161b. "Indian Money, Proceeds of Labor" fund; separate accounts for respective tribes; rate of interest
Section Text

All tribal funds arising under section 155 of this title on June 13, 1930, included in the fund "Indian Money, Proceeds of Labor", shall, on and after July 1, 1930, be carried on the books of the Treasury Department in separate accounts for the respective tribes, and all such funds with account balances exceeding $500 shall bear simple interest at the rate of 4 per centum per annum from July 1, 1930.

Source Credit

(Feb. 12, 1929, ch. 178, §2, as added June 13, 1930, ch. 483, 46 Stat. 584.)

Publication Title United States Code, 2012 Edition, Supplement 5, Title 25 - INDIANS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 25 - INDIANS
CHAPTER 4 - PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS
SUBCHAPTER III - DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS
Sec. 161b - Indian Money, Proceeds of Labor" fund; separate accounts for respective tribes; rate of interest
Contains section 161b
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 46 Stat. 584
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