FEDERAL · 25 U.S.C. · Chapter SUBCHAPTER I—RECOGNITION OF TRUST RESPONSIBILITY
Authority for payment of claims for interest owed
25 U.S.C. § 4012
Title25 — Indians
ChapterSUBCHAPTER I—RECOGNITION OF TRUST RESPONSIBILITY
This text of 25 U.S.C. § 4012 (Authority for payment of claims for interest owed) 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. § 4012.
Text
The Secretary shall make payments to an individual Indian in full satisfaction of any claim of such individual for interest on amounts deposited or invested on behalf of such individual before October 25, 1994, retroactive to the date that the Secretary began investing individual Indian monies on a regular basis, to the extent that the claim is identified—
(1)by a reconciliation process of individual Indian money accounts, or
(2)by the individual and presented to the Secretary with supporting documentation, and is verified by the Secretary pursuant to the Department's policy for addressing accountholder losses.
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Related
Cobell v. Kempthorne
569 F. Supp. 2d 223 (District of Columbia, 2008)
Source Credit
History
(Pub. L. 103–412, title I, §104, Oct. 25, 1994, 108 Stat. 4241.)
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25 U.S.C. § 4012, Counsel Stack Legal Research, https://law.counselstack.com/usc/25/4012.