16 U.S.C. § 833n — Use of deposits by allottees; nontaxability of lands
submitted 80 years ago by ch. 199 to r/title-16-CONSERVATION · 97 words · no verdicts yet
The Secretary may use deposited allottee funds to acquire or improve replacement lands or relocate or build improvements. Replacement lands keep the former legal status and remain tax-free unless Congress provides otherwise.
Funds deposited to the credit of allottees, their heirs, or devisees may be used, in the discretion of the Secretary of the Interior, for the acquisition of other lands and improvements, or the relocation of existing improvements or construction of new improvements on the lands so acquired for the allottees or heirs whose lands and improvements are acquired under the provisions of sections 833l to 833p of this title. Lands so acquired shall be held in the same status as those from which the funds were derived, and shall be nontaxable until otherwise provided by Congress.
Source credit: (Apr. 23, 1946, ch. 199, § 3, 60 Stat. 118.)
- 1946Enacted · Act of Apr. 23, 1946, ch. 199 · 60 Stat. 118
A history note hasn’t been published yet. The record shows enactment by ch. 199 on 1946-04-23.
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