25-U.S.C.-788F

25-U.S.C.-788F

§788F – Distribution of Funds; Tax Exemption; Equal Shares

Pathway

Title 25 > Chapter 14 > Subchapter XXXIV > Section 788f

Details

  • Reference: Section 788f
  • Legend: §788F – Distribution of Funds; Tax Exemption; Equal Shares
  • USCode Year: 2013

Provision Content

All costs incident to carrying out the provisions of sections 788e to 788h of this title shall be paid by appropriate withdrawals from the judgment funds referred to in this section. After deducting attorney fees and all other costs, the remainder of the funds, including interest, to the credit of the Creek Nation appropriated by the Act of October 27, 1966 (80 Stat. 1057), shall be distributed in equal shares to those persons whose names appear on the roll prepared in accordance with section 788e of this title. The funds so distributed shall not be subject to Federal or State income taxes.

(Pub. L. 90–506, §2, Sept. 21, 1968, 82 Stat. 859.)

References in Text

Act of October 27, 1966, referred to in text, is act Oct. 27, 1966, Pub. L. 89–697, 80 Stat. 1057. That portion of the act which appropriated the funds referred to was not classified to the Code.

U.S. Encyclopedia of Law Coverage

25-U.S.C.-782 in the Legal Encyclopedia: Indians

In this entry about 25-U.S.C.-782, 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.

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