2019 US Code
Title 25 - Indians
Chapter 46 - Indian Self-Determination and Education Assistance
Sec. 5310 - Investment of advance payments; restrictions
| 25 U.S.C. § 5310 (2019) |
| §5310. Investment of advance payments; restrictions |
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Advance payments made by the Department of the Interior to Indian tribes, tribal organizations, and tribal consortia pursuant to the Indian Self-Determination and Education Assistance Act (25 U.S.C. 450 et seq.) 1 or the Tribally Controlled Schools Act of 1988 (25 U.S.C. 2501 et seq.) may on and after December 8, 2004, be invested by the Indian tribe, tribal organization, or consortium before such funds are expended for the purposes of the grant, compact, or annual funding agreement so long as such funds are— (1) invested by the Indian tribe, tribal organization, or consortium only in obligations of the United States, or in obligations or securities that are guaranteed or insured by the United States, or mutual (or other) funds registered with the Securities and Exchange Commission and which only invest in obligations of the United States or securities that are guaranteed or insured by the United States; or (2) deposited only into accounts that are insured by an agency or instrumentality of the United States, or are fully collateralized to ensure protection of the funds, even in the event of a bank failure. |
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(Pub. L. 108–447, div. E, title I, §111, Dec. 8, 2004, 118 Stat. 3064.) |
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REFERENCES IN TEXT
The Indian Self-Determination and Education Assistance Act (25 U.S.C. 450 et seq.), referred to in text, is Pub. L. 93–638, Jan. 4, 1975, 88 Stat. 2203, which was classified principally to subchapter II (§450 et seq.) of chapter 14 of this title prior to editorial reclassification as this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5301 of this title and Tables. The Tribally Controlled Schools Act of 1988, referred to in text, is part B (§§5201–5212) of title V of Pub. L. 100–297, Apr. 28, 1988, 102 Stat. 385, which is classified generally to chapter 27 (§2501 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2501 of this title and Tables. CODIFICATIONSection was enacted as part of the Department of the Interior and Related Agencies Appropriations Act, 2005, and also as part of the Consolidated Appropriations Act, 2005, and not as part of the Indian Self-Determination and Education Assistance Act which comprises this chapter. Section was formerly classified to section 450e–3 of this title prior to editorial reclassification and renumbering as this section. PRIOR PROVISIONSProvisions similar to those in this section were contained in the following prior appropriation acts: Pub. L. 108–108, title I, §111, Nov. 10, 2003, 117 Stat. 1266. Pub. L. 108–7, div. F, title I, §111, Feb. 20, 2003, 117 Stat. 239. Pub. L. 107–63, title I, §111, Nov. 5, 2001, 115 Stat. 438. Pub. L. 106–291, title I, §111, Oct. 11, 2000, 114 Stat. 942. Pub. L. 106–113, div. B, §1000(a)(3), [title I, §111], Nov. 29, 1999, 113 Stat. 1535, 1501A–156. Pub. L. 105–277, div. A, §101(e), [title I, §111], Oct. 21, 1998, 112 Stat. 2681–231, 2681–254. Pub. L. 105–83, title I, §112, Nov. 14, 1997, 111 Stat. 1562. |
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1 See References in Text note below. |
| United States Code, 2018 Edition, Supplement 1, Title 25 - INDIANS |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 25 - INDIANS CHAPTER 46 - INDIAN SELF-DETERMINATION AND EDUCATION ASSISTANCE Sec. 5310 - Investment of advance payments; restrictions |
| section 5310 |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| 88 Stat. 2203 102 Stat. 385 111 Stat. 1562 112 Stat. 2681-231 113 Stat. 1535 114 Stat. 942 115 Stat. 438 117 Stat. 239, 1266 118 Stat. 3064 |
| Public Law 93-638, Public Law 100-297, Public Law 105-83, Public Law 105-277, Public Law 106-113, Public Law 106-291, Public Law 107-63, Public Law 108-7, Public Law 108-108, Public Law 108-447 |
