Title 25 — Indians
Chapter 45 — Protection of Indians and Conservation of Resources
§ 5140. Mortgaged property governed by State law
Statutory text
Trust or restricted tribal or tribal corporation property mortgaged pursuant to sections 5136 to 5143 of this title shall be subject to foreclosure and sale or conveyance in lieu of foreclosure, free of such trust or restrictions, in accordance with the laws of the State in which the property is located.
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. 91–229 § 4 · 84 Stat. 120
Enacted · 25 U.S.C. § 5140
(Pub. L. 91–229, § 4, Apr. 11, 1970, 84 Stat. 120.)
Source evidence
Code source credit
(Pub. L. 91–229, § 4, Apr. 11, 1970, 84 Stat. 120.)Enacted provision · exact public law section
Sec. 4. Trust or restricted tribal or tribal corporation property mortgaged pursuant, to this Act shall be subject to foreclosure and sale or conveyance in lieu of foreclosure, free of such trust or restrictions, in accordance with the laws of the State in which the property is located.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Codification
Section was formerly classified to section 491 of this title prior to editorial reclassification and renumbering as this section.