16 U.S.C. § 835f — Use of funds deposited to allottees; land and improvements

submitted 86 years ago by ch. 460 to r/title-16-CONSERVATION · 96 words · no verdicts yet

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This section addresses “Use of funds deposited to allottees; land and improvements.” It states the definitions, duties, permissions, limits, conditions, and exceptions set out in the section.

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 835d to 835h of this title. Lands so acquired must be held in the same status as those from which the funds were derived, and must be nontaxable until otherwise provided by Congress.

the actual law source: uscode.house.gov ↗public domain

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 835d to 835h 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: (June 29, 1940, ch. 460, § 3, 54 Stat. 703.)

history & why it existsrecord from the source credit

1940Enacted · Act of June 29, 1940, ch. 460 · 54 Stat. 703

A history note hasn’t been published yet. The record shows enactment by ch. 460 on 1940-06-29.

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