25-U.S.C.-1294
§1294 – Apportionment, Credit, and Disposition of Funds
Pathway
Title 25 > Chapter 14 > Subchapter LXXI > Section 1294
Details
- Reference: Section 1294
- Legend: §1294 – Apportionment, Credit, and Disposition of Funds
- USCode Year: 2013
Provision Content
(a) Authority of Secretary
The Secretary of the Interior shall apportion to the Absentee Delaware Tribe of Western Oklahoma, as presently constituted, so much of the judgment fund and accrued interest as the ratio of the persons enrolled pursuant to section 1292(c)(2) of this title bears to the total number of persons enrolled pursuant to section 1292 of this title. The funds so apportioned to the Absentee Delaware Tribe of Western Oklahoma shall be placed to the credit of the tribe in the United States Treasury and shall be used in the following manner: 90 per centum of such funds shall be distributed in equal shares to each person enrolled pursuant to section 1292(c)(2) of this title, and 10 per centum shall remain to the credit of the tribe in the United States Treasury, and may be advanced, expended, invested, or reinvested for any purpose that is authorized by the tribal governing body and approved by the Secretary of the Interior.
(b) Manner of payment
The funds not apportioned to the Absentee Delaware Tribe of Western Oklahoma shall be placed to the credit of the Delaware Tribe of Indians in the United States Treasury and shall be used in the following manner: 90 per centum of such funds shall be distributed in equal shares to each person enrolled pursuant to section 1292(c)(1) of this title, and 10 per centum shall remain to the credit of the tribe in the United States Treasury and may be advanced, expended, invested, or reinvested for any purpose that is authorized by the tribal governing body: Provided, That the Secretary of the Interior shall not approve the use of the funds remaining to the credit of the tribe until the tribe has organized a legal entity which in the judgment of the Secretary adequately protects the interests of its members.
(Pub. L. 92–456, §4, Oct. 3, 1972, 86 Stat. 762.)
U.S. Encyclopedia of Law Coverage
25-U.S.C.-1253 in the Legal Encyclopedia: Indians
In this entry about 25-U.S.C.-1253, 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.-1294 in the Legal Encyclopedia: Distribution of Judgment Fund
In this entry about 25-U.S.C.-1294, 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.-1124 in the Legal Encyclopedia: Oklahoma
In this entry about 25-U.S.C.-1124, find legal reference material, bibliographies and premiere content related to oklahoma in the American Encyclopedia of Law, presenting a comprehensive view of the United States oklahoma-specific issues, written by authorities in the field.
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