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30 U.S.C. § 1714Deposit of royalty funds to Indian accounts

submitted 43 years ago by Pub. L. 97-451 to r/title-30-MINERAL-LANDS-AND-MINING · 62 words · no verdicts yet

in plain englishAI-generated · not legal advice

Deposit of royalty funds to Indian accounts. This section provides that deposits of any royalty funds derived from the production of oil or gas from, or allocated to, Indian lands must be made by the Secretary to the appropriate Indian account at the earliest practicable date after such funds are received by the Secretary but in no case later than the last business day of the month in which such funds are received. It also sets the related duties, limits, procedures, and exceptions stated in the section.

Deposits of any royalty funds derived from the production of oil or gas from, or allocated to, Indian lands must be made by the Secretary to the appropriate Indian account at the earliest practicable date after such funds are received by the Secretary but in no case later than the last business day of the month in which such funds are received.
the actual law source: uscode.house.gov ↗public domain

Deposits of any royalty funds derived from the production of oil or gas from, or allocated to, Indian lands shall be made by the Secretary to the appropriate Indian account at the earliest practicable date after such funds are received by the Secretary but in no case later than the last business day of the month in which such funds are received.

Source credit: (Pub. L. 97–451, title I, § 104(b), Jan. 12, 1983, 96 Stat. 2452.)

history & why it existsrecord from the source credit
  • 1983Enacted · Pub. L. 97-451 · 96 Stat. 2452

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-451 on 1983-01-12.

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