Title 25, IndiansRelease 119-102
§4012 Authority for Payment of Claims for Interest Owed
Title 25 › CHAPTER 42 — AMERICAN INDIAN TRUST FUND MANAGEMENT REFORM › SUBCHAPTER I — RECOGNITION OF TRUST RESPONSIBILITY › § 4012
Summary
The Secretary must pay an individual Indian any interest owed on money held or invested for them before October 25, 1994. Payments must be retroactive to the date the Secretary began regularly investing individual Indian monies. The claim must be found by account reconciliation or brought by the person with proof, and verified by the Secretary under the Department’s policy for handling accountholder losses.
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 25, Indians
Last Updated
Aug 21, 2026
Release point: 119-102