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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. § 411 Interest on moneys from proceeds of sale us united_states_code code_section 25 INDIANS 12 LEASE, SALE, OR SURRENDER OF ALLOTTED OR UNALLOTTED LANDS 411 25 U.S.C. § 411 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/s411 data/legal/raw/us/code/title-25/usc25.xml ced497cecf1c2a6b170cc0e6f66755c11d40db3e77dd131b114d88d6db321218 d4661d83bff6862be548ac8e843ba61e942ed983aade7cf83cb7dbc3dcd08168 aa9df4f66084d0f925603f7ed72fb49674a47806b844d2578e21f12f8e72c4e4 2026-07-04 official
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25 U.S.C. § 411 - Interest on moneys from proceeds of sale

Text

The shares of money due minor Indians as their proportion of the proceeds from the sale of ceded or tribal Indian lands, whenever such shares have been withheld from their parents, legal guardians, or others, and retained in the United States Treasury by direction of the Secretary of the Interior, shall draw interest at the rate of 3 per centum per annum, unless otherwise provided for, from the period when such proceeds have been or shall be distributed per capita among the members of the tribe of which such minor is a member; and the Secretary of the Treasury is authorized and directed to allow interest on such unpaid amounts belonging to said minors as shall be certified by the Secretary of the Interior as entitled to draw interest under this section.

(June 21, 1906, ch. 3504, 34 Stat. 327.)