Skip to content

Title 25 — Indians

Chapter 12 — Lease, Sale, or Surrender of Allotted or Unallotted Lands

§ 411. Interest on moneys from proceeds of sale

Statutory 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.

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.

  1. Pub. L. 59–3504 · 34 Stat. 325

    Enacted · 25 U.S.C. § 411

    (June 21, 1906, ch. 3504, 34 Stat. 327.)

    Source evidence

    Code source credit
    (June 21, 1906, ch. 3504, 34 Stat. 327.)

0 of 1 references resolved to an enrolled provision · 1 partial

Credits

(June 21, 1906, ch. 3504, 34 Stat. 327.)

Parsed from the official OLRC USLM XML in data/usc_all/usc25.xml · release point 119-108 · OLRC build 2026-05-06

USLM identifier /us/usc/t25/s411