25-U.S.C.-573
§573 – Uses of Judgment Fund
Pathway
Title 25 > Chapter 14 > Subchapter XV > Section 573
Details
- Reference: Section 573
- Legend: §573 – Uses of Judgment Fund
- USCode Year: 2013
Provision Content
(a) Purchase of lands
Not to exceed $1,000,000 of the said judgment fund, or interest thereon, shall be available for expenditure upon the request of the tribe and with the approval of the Secretary of the Interior, for the purchase of lands in the manner prescribed in section 576 of this title.
(b) Loan fund
The sum of $125,000 of said judgment fund, or interest thereon, shall, at the request of the tribe and with the approval of the Secretary of the Interior, be set aside as a loan fund for making loans to individual members, or groups of members, of said tribe under such rules and regulations as may be prescribed by the Secretary of the Interior.
(c) Productive enterprises
The remainder of said judgment fund, including interest thereon, after making the segregation provided for in section 572 of this title, and after setting aside the respective amounts authorized by this section, shall be available for appropriation, upon the recommendation of the Secretary of the Interior, and with the consent of the tribe, for purposes of benefit to the tribe, including the establishment and administration of productive enterprises for the benefit of said tribe, and any income derived from such enterprises shall be credited to the Shoshone tribal judgment fund: Provided, That should such enterprises also benefit the Arapaho Tribe repayment proportionate to the benefit to the Arapaho Tribe shall be made into the Shoshone judgment fund by the Arapaho Tribe out of such tribal income as the Arapaho Tribe may enjoy.
(July 27, 1939, ch. 387, §3, 53 Stat. 1129.)
U.S. Encyclopedia of Law Coverage
25-U.S.C.-572 in the Legal Encyclopedia: Indians
In this entry about 25-U.S.C.-572, 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.-1015 in the Legal Encyclopedia: Distribution of Judgment Fund
In this entry about 25-U.S.C.-1015, 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.
25-U.S.C.-983E in the Legal Encyclopedia: Tribes
In this entry about 25-U.S.C.-983E, find legal reference material, bibliographies and premiere content related to tribes in the American Encyclopedia of Law, presenting a comprehensive view of the United States tribes-specific issues, written by authorities in the field.
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