25 U.S.C. § 4023: Judgment funds

Summary

The Secretary may approve plans to withdraw judgment funds he holds. Only funds held under the Indian Judgment Funds Use or Distribution Act or another law letting the Secretary manage them can be included, and only tribal funds — not funds for individual tribal members — must be used as intended.

Title 25, §4023

Indians, Source: USLM XML via OLRC

(a)In general

The Secretary is authorized to approve plans under section 4022 of this title for the withdrawal of judgment funds held by the Secretary.

(b)Limitation

Only such funds held by the Secretary under the terms of the Indian Judgment Funds Use or Distribution Act [25 U.S.C. 1401 et seq.] or an Act of Congress which provides for the secretarial management of such judgment funds shall be included in such plans.

(c)Secretarial duties

In approving such plans, the Secretary shall ensure—

(1)that the purpose and use of the judgment funds identified in the previously approved judgment fund plan will continue to be followed by the Indian tribe in the management of the judgment funds; and

(2)that only funds held for Indian tribes may be withdrawn and that any funds held for individual tribal members are not to be included in the plan.

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Indian Judgment Funds Use or Distribution Act, referred to in subsec. (b), probably means the Indian Tribal Judgment Funds Use or Distribution Act, Pub. L. 93–134, Oct. 19, 1973, 87 Stat. 466, which is classified generally to chapter 16 (§ 1401 et seq.) of this title. For complete classification of this Act to the Code, see Tables.

§4023 Judgment Funds

Summary

Title 25, §4023

Notes & Related Subsidiaries

Editorial Notes

References in Text

Citations & Metadata