Federal · Title 25 — Indians

25 U.S.C. § 161b: “Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest

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All tribal funds arising under section 155 of this title on June 13, 1930 , included in the fund “Indian Money, Proceeds of Labor”, shall, on and after July 1, 1930 , be carried on the books of the Treasury Department in separate accounts for the respective tribes, and all such funds with account balances exceeding $500 shall bear simple interest at the rate of 4 per centum per annum from July 1, 1930 .

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