25 U.S.C. · Indians
25 U.S.C. § 396c

Lessees of restricted lands to furnish bonds for performance

Ch. 12 — LEASE, SALE, OR SURRENDER OF ALLOTTED OR UNALLOTTED LANDS
Title 25 U.S.C. ● ACTIVE Primary Source Ch. 12
Statutory Text

25 U.S.C. § 396c — Lessees of restricted lands to furnish bonds for performance

U.S.C. Title 25 - INDIANS 25 U.S.C. United States Code, 2023 Edition Title 25 - INDIANS CHAPTER 12 - LEASE, SALE, OR SURRENDER OF ALLOTTED OR UNALLOTTED LANDS Sec. 396c - Lessees of restricted lands to furnish bonds for performance From the U.S. Government Publishing Office, www.gpo.gov

§396c. Lessees of restricted lands to furnish bonds for performance

On and after May 11, 1938, lessees of restricted Indian lands, tribal or allotted, for mining purposes, including oil and gas, shall furnish corporate surety bonds, in amounts satisfactory to the Secretary of the Interior, guaranteeing compliance with the terms of their leases: Provided, That personal surety bonds may be accepted where the sureties deposit as collateral with the said Secretary of the Interior any public-debt obligations of the United States guaranteed as to principal and interest by the United States equal to the full amount of such bonds, or other collateral satisfactory to the Secretary of the Interior, or show ownership to unencumbered real estate of a value equal to twice the amount of the bonds.

(May 11, 1938, ch. 198, §3, 52 Stat. 348.)

Statutory Notes and Related Subsidiaries

Repeal of Inconsistent Acts For repeal of inconsistent acts, see section 7 of act May 11, 1938, set out as a note under section 396a of this title.

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC25-SEC-52310D
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
25 U.S.C. § 396c
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
03cddc3a7657b875...
Semantic Edges
Pending — corpus passes queued
The statutory text of 25 U.S.C. § 396c 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).
Navigate Corpus — Title 25
◈ Provenance
boisestandard.org United States Law U.S. Code Title 25 25 U.S.C. § 396c