25-U.S.C.-1195

§1195 – Disposition of Funds Withheld From Per Capita Distribution

Pathway

Title 25 > Chapter 14 > Subchapter LXI > Section 1195

Details

• Reference: Section 1195
• Legend: §1195 – Disposition of Funds Withheld From Per Capita Distribution
• USCode Year: 2013

Provision Content

The $200,000 withheld from per capita distribution pursuant to section 1191 of this title shall be invested or placed in trust with an institutional trustee by the Secretary of the Interior, under terms and conditions approved by the tribal governing body. The income from the investment or trust, together with such invasions of the principal or trust corpus as the Secretary deems desirable, shall be used for the education of members of the tribe until such time as the tribal governing body, with the approval of the Secretary, determines that the funds should be used in some other manner.

(Pub. L. 91–259, §5, May 21, 1970, 84 Stat. 254.)

U.S. Encyclopedia of Law Coverage

25-U.S.C.-1186 in the Legal Encyclopedia: Indians

In this entry about 25-U.S.C.-1186, find legal reference material, bibliographies and premiere content related to indians in the American Encyclopedia of Law, presenting a comprehensive view of the United States indians-specific issues, written by authorities in the field.

25-U.S.C.-1146 in the Legal Encyclopedia: Distribution of Judgment Fund

In this entry about 25-U.S.C.-1146, find legal reference material, bibliographies and premiere content related to distribution of judgment fund in the American Encyclopedia of Law, presenting a comprehensive view of the United States distribution of judgment fund-specific issues, written by authorities in the field.

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