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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 25 U.S.C. § 2215 Acquisition Fund us united_states_code code_section 25 INDIANS 24 INDIAN LAND CONSOLIDATION 2215 25 U.S.C. § 2215 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc25@119-100.zip /us/usc/t25/s2215 data/legal/raw/us/code/title-25/usc25.xml 0ece02f35af8f5c15ecae0d03f96a1d35ef6f8bb8d3e6210e80d2d49a742609f d4661d83bff6862be548ac8e843ba61e942ed983aade7cf83cb7dbc3dcd08168 ca85ee2bbe67242941758b532c5e464d29ec6ca6fe46ce21c6ce00c365d01175 2026-07-04 official
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25 U.S.C. § 2215 - Acquisition Fund

Text

(a) In general The Secretary shall establish an Acquisition Fund to—

(1) disburse appropriations authorized to accomplish the purposes of section 2212 of this title; and

(2) collect all revenues received from the lease, permit, or sale of resources from interests acquired under section 2212 of this title or paid by Indian landowners under section 2212 of this title.

(b) Deposits; use (1) In general All proceeds from leases, permits, or resource sales derived from an interest in trust or restricted lands described in subsection (a)(2) shall—

(A) be deposited in the Acquisition Fund;

(B) as specified in advance in appropriations Acts, be available for the purpose of acquiring additional fractional interests in trust or restricted lands; and

(C) be used to acquire undivided interests on the reservation from which the income was derived.

(2) Use of funds The Secretary may use the revenue deposited in the Acquisition Fund under paragraph (1) to acquire some or all of the undivided interests in any parcels of land in accordance with section 2204 of this title.

(Pub. L. 97459, title II, § 216, as added Pub. L. 106462, title I, § 103(6), Nov. 7, 2000, 114 Stat. 2002; amended Pub. L. 108374, § 6(a)(8), Oct. 27, 2004, 118 Stat. 1802.)

Notes

Editorial Notes

Amendments2004—Subsec. (a)(2). Pub. L. 108374, § 6(a)(8)(A), added par. (2) and struck out former par. (2) which read as follows: “collect all revenues received from the lease, permit, or sale of resources from interests in trust or restricted lands transferred to Indian tribes by the Secretary under section 2212 of this title or paid by Indian landowners under section 2212(c) of this title.” Subsec. (b)(1). Pub. L. 108374, § 6(a)(8)(B)(i), substituted “All” for “Subject to paragraph (2), all” in introductory provisions and added subpar. (C). Subsec. (b)(2). Pub. L. 108374, § 6(a)(8)(B)(ii), added par. (2) and struck out heading and text of former par. (2). Text read as follows: “With respect to the deposit of proceeds derived from an interest under paragraph (1), the aggregate amount deposited under that paragraph shall not exceed the purchase price of that interest under section 2212 of this title.”