Title 30 — Mineral Lands and MiningRelease 119-73
§1714 Deposit of royalty funds to Indian accounts
Title 30 › Chapter CHAPTER 29— - OIL AND GAS ROYALTY MANAGEMENT › Subchapter SUBCHAPTER I— - FEDERAL ROYALTY MANAGEMENT AND ENFORCEMENT › § 1714
Summary
The Secretary must place oil and gas royalty money for Indian lands into the proper Indian account promptly, and no later than the last business day of that month.
Full Legal Text
Title 30, §1714
Mineral Lands and Mining — Source: USLM XML via OLRC
Deposits of any royalty funds derived from the production of oil or gas from, or allocated to, Indian lands shall be made by the Secretary to the appropriate Indian account at the earliest practicable date after such funds are received by the Secretary but in no case later than the last business day of the month in which such funds are received.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 97–451, title I, § 104(c), Jan. 12, 1983, 96 Stat. 2452, provided that: “The provisions of this section [enacting this section and amending section 191 of this title] shall apply with respect to payments received by the Secretary after October 1, 1983, unless the Secretary, by rule, prescribes an earlier
Effective Date
.”
Reference
Citations & Metadata
Citation
30 U.S.C. § 1714
Title 30 — Mineral Lands and Mining
Last Updated
Apr 6, 2026
Release point: 119-73