Title 25IndiansRelease 119-73

§4012 Authority for payment of claims for interest owed

Title 25 › Chapter CHAPTER 42— - AMERICAN INDIAN TRUST FUND MANAGEMENT REFORM › Subchapter SUBCHAPTER I— - RECOGNITION OF TRUST RESPONSIBILITY › § 4012

Last updated Apr 6, 2026|Official source

Summary

The Secretary must pay an individual Indian all interest owed on money invested before October 25, 1994, back to when regular investing began, if the claim is found by account reconciliation or filed with proof and verified under Department policy.

Full Legal Text

Title 25, §4012

Indians — Source: USLM XML via OLRC

The Secretary shall make payments to an individual Indian in full satisfaction of any claim of such individual for interest on amounts deposited or invested on behalf of such individual before October 25, 1994, retroactive to the date that the Secretary began investing individual Indian monies on a regular basis, to the extent that the claim is identified—
(1)by a reconciliation process of individual Indian money accounts, or
(2)by the individual and presented to the Secretary with supporting documentation, and is verified by the Secretary pursuant to the Department’s policy for addressing accountholder losses.

Reference

Citations & Metadata

Citation

25 U.S.C. § 4012

Title 25Indians

Last Updated

Apr 6, 2026

Release point: 119-73