Deposit, Care, and Investment of Indian Moneys | Midpage

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United States Code

Subchapter III

Deposit, Care, and Investment of Indian Moneys

151Deposits in bank by disbursing agents 152Proceeds of sales of Indian lands 153Appropriation to carry out treaties 154Proceeds of sales of lands not subject to certain deductions 155Disposal of miscellaneous revenues from Indian reservations, etc.155bProceeds of labor accounts; deposits limited to funds held in trust for Indian tribes or individuals 156Deposit of funds from sales of lands and property of Five Civilized Tribes 157Investments of stock required by treaties 158Investment of proceeds of lands 159Moneys due incompetents or orphans 160Custody of stocks or bonds held in trust for tribes 161Deposit in Treasury of trust funds 161aTribal funds in trust in Treasury Department; investment by Secretary of the Treasury; maturities; interest; funds held in trust for individual Indians 161b“Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest 161cSurplus above requirements of fund; transfer to surplus fund of Treasury; retransfer 161dDisposition of accrued interest 162aDeposit of tribal funds in banks; bond or collateral security; investments; collections from irrigation projects; affirmative action required 163Roll of membership of Indian tribes 164Restoration to tribal ownership of unclaimed per capita and other individual payments of tribal trust funds; deposit in general fund of the Treasury 165Notice to Congressional committees 166Applicability of chapter 10 of title 5 167Trust status of lease payments