FEDERAL · 25 U.S.C. · Chapter 4
"Indian Money, Proceeds of Labor" fund; separate accounts for respective tribes; rate of interest
Current through Pub. L. 119-102
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.
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25 U.S.C. § 161b ("Indian Money, Proceeds of Labor" fund; separate accounts for respective tribes; rate of interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Source Credit
History
(Feb. 12, 1929, ch. 178, §2, as added June 13, 1930, ch. 483, 46 Stat. 584.)