Volume 95 · 1518
Public Law 97–112
To authorize the Secretary of the Interior to disburse certain trust funds of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin, and for other purposes.
Approved December 29, 1981
Statutory text
An Act
To authorize the Secretary of the Interior to disburse certain trust funds of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the Secretary of the Interior shall, at the request of the governing body of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin, pay to the State Bank of Drummond, Drummond, Wisconsin, a portion (not to exceed 20 per centum) of the funds of such tribe derived from awards of the Indian Claims Commission in dockets numbered 18-C and 18-T which are deposited in the United States Treasury to the credit of such tribe in trust accounts numbered 14x9228 and 14x9728. Such payments shall be used for the sole purpose of covering or reducing an overdraft on an account (designated “general find”) maintained by such tribe in such bank which was incurred by such tribe in support of the administration of Federal contracts.
Sec. 2.
In the event that the United States acts to adjust the accounts of Indian tribes or organizations administering Federal contracts for the over recovery or under recovery of indirect costs, the Secretary of the Interior, at his discretion, may reimburse the Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin, in whole or in part, for any disbursement made under the first section of this Act.
Approved December 29, 1981.