25 U.S.C. § 4012 — Authority for payment of claims for interest owed
submitted 32 years ago by Pub. L. 103-412 to r/title-25-INDIANS · 97 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The Secretary* shall make payments to an individual Indian in full satisfaction of any claim of such individual for interest on amounts deposited or invested on behalf of such individual before October 25, 1994, retroactive to the date that the Secretary began investing individual Indian monies on a regular basis, to the extent that the claim is identified—
by a reconciliation process of individual Indian money accounts, or
by the individual and presented to the Secretary with supporting documentation, and is verified by the Secretary pursuant to the Department’s policy for addressing accountholder losses.
Source credit: (Pub. L. 103–412, title I, § 104, Oct. 25, 1994, 108 Stat. 4241.)
- 1994Enacted · Pub. L. 103-412 · 108 Stat. 4241
A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-412 on 1994-10-25.
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