FEDERAL · 25 U.S.C. · Chapter 12
Interest on moneys from proceeds of sale
25 U.S.C. § 411
Title25 — Indians
Chapter12 — LEASE, SALE, OR SURRENDER OF ALLOTTED OR UNALLOTTED LANDS
This text of 25 U.S.C. § 411 (Interest on moneys from proceeds of sale) 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. § 411.
Text
The shares of money due minor Indians as their proportion of the proceeds from the sale of ceded or tribal Indian lands, whenever such shares have been withheld from their parents, legal guardians, or others, and retained in the United States Treasury by direction of the Secretary of the Interior, shall draw interest at the rate of 3 per centum per annum, unless otherwise provided for, from the period when such proceeds have been or shall be distributed per capita among the members of the tribe of which such minor is a member; and the Secretary of the Treasury is authorized and directed to allow interest on such unpaid amounts belonging to said minors as shall be certified by the Secretary of the Interior as entitled to draw interest under this section.
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Related
Ward v. Stanislaus
(N.D. California, 2024)
Source Credit
History
(June 21, 1906, ch. 3504, 34 Stat. 327.)
Cite This Page — Counsel Stack
Bluebook (online)
25 U.S.C. § 411, Counsel Stack Legal Research, https://law.counselstack.com/usc/25/411.