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U.S. Code/Title 25/§ 161

Title 25

25

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25 U.S.C. § 161.Chapter 4

§ 161

Deposit in Treasury of trust funds

Title 25
1 min read
Subchapter: DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS

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Back to Chapter 4Previous: § 160Next: § 161a

The Secretary of the Interior is authorized to deposit, in the Treasury of the United States, any and all sums held by him on , or which may be received by him, as Secretary of the Interior and trustee of various Indian tribes, on account of the redemption of United States bonds, or other stocks and securities belonging to the Indian trust fund, and all sums received on account of sales of Indian trust lands, and the sales of stocks lately purchased for temporary investment, whenever he is of the opinion that the best interests of the Indians will be promoted by such deposits, in lieu of investments; and the United States shall pay interest semiannually, from the date of deposit of any and all such sums in the United States Treasury, at the rate per annum stipulated by treaties or prescribed by law, and such payments shall be made in the usual manner, as each may become due, without further appropriation by Congress.April 1, 18801880-04-01

Related Legislation

(2 bills)

Bills that would modify or reference this section of law.

HR-1482

Navajo-Gallup Water Supply Project Amendments Act of 2025

Teresa Leger Fernandez

New Mexico representative

  1. house
  2. senate
  3. president
2/21/2025
S-637

Navajo-Gallup Water Supply Project Amendments Act of 2025

Ben Ray Luján

New Mexico senator

  1. senate
  2. house
  3. president
2/19/2025
§ 160

Release: pl-119-88 (2026-05-04)

§ 161a

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