FEDERAL · 25 U.S.C. · Chapter SUBCHAPTER III—DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS
Deposit of funds from sales of lands and property of Five Civilized Tribes
25 U.S.C. § 156
Title25 — Indians
ChapterSUBCHAPTER III—DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS
This text of 25 U.S.C. § 156 (Deposit of funds from sales of lands and property of Five Civilized Tribes) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
25 U.S.C. § 156.
Text
The net receipts from the sales of surplus and unallotted lands and other tribal property belonging to any of the Five Civilized Tribes, after deducting the necessary expense of advertising and sale, may be deposited in national or State banks in the State of Oklahoma in the discretion of the Secretary of the Interior, such depositories to be designated by him under such rules and regulations governing the rate of interest thereon, the time of deposit and withdrawal thereof, and the security therefor, as he may prescribe. The interest accruing on such funds may be used to defray the expense of the per capita payments of such funds.
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Source Credit
History
(Mar. 3, 1911, ch. 210, §17, 36 Stat. 1070.)
Editorial Notes
Executive Documents
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.
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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Bluebook (online)
25 U.S.C. § 156, Counsel Stack Legal Research, https://law.counselstack.com/usc/25/156.