25 U.S.C. § 161b
“Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest
United States · Title 25 — INDIANS · Status: effective
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- Citation
- 25 U.S.C. § 161b, “Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/459526
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Full text
All tribal funds arising under section 155 of this title on June 13, 1930, included in the fund “Indian Money, Proceeds of Labor”, shall, on and after July 1, 1930, 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 July 1, 1930.
Legislative history
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