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25 U.S.C. § 4023 - U.S. Code - Unannotated Title 25. Indians § 4023. Judgment funds

Current as of January 01, 2024 | Updated by Findlaw Staff

(a)In general

The Secretary is authorized to approve plans under section 4022 of this title for the withdrawal of judgment funds held by the Secretary.

(b)Limitation

Only such funds held by the Secretary under the terms of the Indian Judgment Funds Use or Distribution Act or an Act of Congress which provides for the secretarial management of such judgment funds shall be included in such plans.

(c)Secretarial duties

In approving such plans, the Secretary shall ensure--

(1) that the purpose and use of the judgment funds identified in the previously approved judgment fund plan will continue to be followed by the Indian tribe in the management of the judgment funds; and

(2) that only funds held for Indian tribes may be withdrawn and that any funds held for individual tribal members are not to be included in the plan.

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Cite this article: FindLaw.com - 25 U.S.C. § 4023 - U.S. Code - Unannotated Title 25. Indians § 4023. Judgment funds - last updated January 01, 2024 | https://codes.findlaw.com/us/title-25-indians/25-usc-sect-4023/

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