Title 25 — IndiansRelease 119-73

§5635 Appraisals and valuations

Title 25 › Chapter CHAPTER 48— - INDIAN TRUST ASSET REFORM › Subchapter SUBCHAPTER III— - IMPROVING EFFICIENCY AND STREAMLINING PROCESSES › § 5635

Last updated Apr 6, 2026|Official source

Summary

The Secretary must make sure that, within 18 months after June 22, 2016, all appraisals and valuations of Indian trust property are handled by one office inside the Department, after talking with Indian tribes and tribal organizations. Within 1 year after June 22, 2016, the Secretary must publish in the Federal Register minimum qualifications for people who prepare those appraisals. If a tribe or beneficiary gives an appraisal that meets those qualifications and asks that it be used, the Secretary cannot require more review or approval, and the appraisal is final for the transaction.

Full Legal Text

Title 25, §5635

Indians — Source: USLM XML via OLRC

(a)Notwithstanding section 5634 of this title, not later than 18 months after June 22, 2016, the Secretary, in consultation with Indian tribes and tribal organizations, shall ensure that appraisals and valuations of Indian trust property are administered by a single bureau, agency, or other administrative entity within the Department.

(b)Not later than 1 year after June 22, 2016, the Secretary shall establish and publish in the Federal Register minimum qualifications for individuals to prepare appraisals and valuations of Indian trust property.

(c)In any case in which an Indian tribe or Indian beneficiary submits to the Secretary an appraisal or valuation that satisfies the minimum qualifications described in subsection (b), and that submission acknowledges the intent of the Indian tribe or beneficiary to have the appraisal or valuation considered under this section, the appraisal or valuation—

(1)shall not require any additional review or approval by the Secretary; and

(2)shall be considered to be final for purposes of effectuating the transaction for which the appraisal or valuation is required.

Reference

Citations & Metadata

Citation

25 U.S.C. § 5635

Title 25 — Indians

Last Updated

Apr 6, 2026

Release point: 119-73