Title 25 — IndiansRelease 119-73
§161b “Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest
Title 25 › Chapter CHAPTER 4— - PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS › Subchapter SUBCHAPTER III— - DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS › § 161b
Summary
Funds in Indian Money, Proceeds of Labor on June 13, 1930 enter separate Treasury accounts for tribes on July 1, 1930; balances over $500 earn 4% simple interest.
Full Legal Text
Title 25, §161b
Indians — Source: USLM XML via OLRC
All tribal funds arising under section 155 of this title on June 13, 1930, included in the fund “Indian Money, Proceeds of Labor”, shall, on and after July 1, 1930, be carried on the books of the Treasury Department in separate accounts for the respective tribes, and all such funds with account balances exceeding $500 shall bear simple interest at the rate of 4 per centum per annum from July 1, 1930.
Reference
Citations & Metadata
Citation
25 U.S.C. § 161b
Title 25 — Indians
Last Updated
Apr 6, 2026
Release point: 119-73