Title 30 — Mineral Lands and Mining
Chapter 29 — Oil and Gas Royalty Management
§ 1714. Deposit of royalty funds to Indian accounts
Statutory text
Deposits of any royalty funds derived from the production of oil or gas from, or allocated to, Indian lands shall be made by the Secretary to the appropriate Indian account at the earliest practicable date after such funds are received by the Secretary but in no case later than the last business day of the month in which such funds are received.
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. 97–451 title I § 104(b) · 96 Stat. 2447
Enacted · 30 U.S.C. § 1714
(Pub. L. 97–451, title I, § 104(b), Jan. 12, 1983, 96 Stat. 2452.)
Source evidence
Code source credit
(Pub. L. 97–451, title I, § 104(b), Jan. 12, 1983, 96 Stat. 2452.)Enacted provision · exact public law section
(b) Indian land royalty funds, deposits.30 USC 1714. Deposits of any royalty funds derived from the production of oil or gas from, or allocated to, Indian lands shall be made by the Secretary to the appropriate Indian account at the earliest practicable date after such funds are received by the Secretary but in no case later than the last business day of the month in which such funds are received.
1 of 1 references resolved to an enrolled provision
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 97–451, title I, § 104(c), , 96 Stat. 2452, provided that: “The provisions of this section [enacting this section and amending section 191 of this title] shall apply with respect to payments received by the Secretary after , unless the Secretary, by rule, prescribes an earlier effective date.”