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25 U.S.C. · Indians
25 U.S.C. § 158

Investment of proceeds of lands

Ch. 4 — PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS
Title 25 U.S.C. ● ACTIVE Primary Source Ch. 4
Statutory Text

25 U.S.C. § 158 — Investment of proceeds of lands

U.S.C. Title 25 - INDIANS 25 U.S.C. United States Code, 2023 Edition Title 25 - INDIANS CHAPTER 4 - PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS SUBCHAPTER III - DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS Sec. 158 - Investment of proceeds of lands From the U.S. Government Publishing Office, www.gpo.gov

§158. Investment of proceeds of lands

The Secretary of the Interior shall invest in a manner which shall be in his judgment most safe and beneficial for the fund, all moneys that may be received under treaties containing stipulations for the payment to the Indians, annually, of interest upon the proceeds of the lands ceded by them; and he shall make no investment of such moneys, or of any portion, at a lower rate of interest than 5 per centum per annum.

(R.S. §2096.)

Editorial Notes

Codification R.S. §2096 derived from act Jan. 9, 1837, ch. 1, §4, 5 Stat. 135.

Executive Documents

Transfer of Functions For transfer of functions of other officers, employees, and agencies of Department of the Interior, with certain exceptions, to Secretary of the Interior, with power to delegate, see Reorg. Plan No. 3 of 1950, §§1, 2, eff. May 24, 1950, 15 F.R. 3174, 64 Stat. 1262, set out in the Appendix to Title 5, Government Organization and Employees.

Source: uscode.house.gov — public domain Official Source ↗
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25 U.S.C. § 158
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The statutory text of 25 U.S.C. § 158 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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