Title 25 — Indians
Chapter 4 — Performance by United States of Obligations to Indians
§ 161b. “Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest
Statutory text
All tribal funds arising under section 155 of this title on , included in the fund “Indian Money, Proceeds of Labor”, shall, on and after , 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 .
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 71–178 § 2 · 46 Stat. 1108
Enacted · 25 U.S.C. § 161b
(Feb. 12, 1929, ch. 178, § 2, as added June 13, 1930, ch. 483, 46 Stat. 584.)
Source evidence
Code source credit
(Feb. 12, 1929, ch. 178, § 2, as added June 13, 1930, ch. 483, 46 Stat. 584.)
0 of 1 references resolved to an enrolled provision · 1 partial
Credits
(Feb. 12, 1929, ch. 178, § 2, as added June 13, 1930, ch. 483, 46 Stat. 584.)