Title 25 › Chapter 4— PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS › Subchapter III— DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS › § 155b
Money in the "Indian moneys, proceeds of labor" accounts could be spent until September 30, 1982 for programs under the Operation of Indian Programs, except for funds already held in trust for tribes or individual Indians. No new deposits were allowed into those accounts after September 30, 1982. Any unused balance in those accounts on the close of business on September 30, 1982, including investment earnings earned before that date, was moved into escrow accounts at the same locations. Escrow funds could be invested under section 162a and earn more income. By September 30, 1985, the Secretary must, after talking with tribes and individuals, decide how much of the escrow money came from investment income tied to specific tribes or people. If the Secretary makes that decision and the beneficiary agrees, the money is moved to trust accounts. Up to 10% of amounts moved to a trust may pay legal or other representation costs, and up to 2% may reimburse the Bureau of Indian Affairs for costs finding who owned the funds. Accepting the Secretary’s decision and getting the money ends any claims against the United States about the IMPL balances as of the close of business on September 30, 1982. Money left in escrow from October 1, 1985 through September 30, 1987 (or earlier if transfers finish) may be spent with the Secretary’s approval for uses allowed under section 13 when requested by the local tribal governments. Any escrow balance left on the close of business on September 30, 1987 must be deposited into the Treasury’s miscellaneous receipts.
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Indians — Source: USLM XML via OLRC
Legislative History
Reference
Citation
25 U.S.C. § 155b
Title 25 — Indians
Last Updated
Apr 5, 2026
Release point: 119-73not60