25 U.S.C. § 4023 — Judgment funds
submitted 32 years ago by Pub. L. 103-412 to r/title-25-INDIANS · 148 words · no verdicts yet
The Secretary may approve plans for tribes to withdraw qualifying judgment funds. The plan must preserve the existing approved purpose and use of those funds and may include only funds held for tribes, not individual tribal members.
(a) In general The Secretary* may 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 [ 25 U.S.C. 1401 et seq.] or an Act of Congress which provides for the secretarial management of such judgment funds must be included in such plans. (c) Secretarial duties In approving such plans, the Secretary must 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by the Indian tribe* in the management of the judgment funds; and (2) that only funds held for Indian tribes may be withdrawn and that any funds held for individual tribal members are not to be included in the plan.
The Secretary* is authorized to approve plans under section 4022 of this title for the withdrawal of judgment funds held by the Secretary.
Only such funds held by the Secretary under the terms of the Indian Judgment Funds Use or Distribution Act [25 U.S.C. 1401 et seq.] or an Act of Congress which provides for the secretarial management of such judgment funds shall be included in such plans.
In approving such plans, the Secretary shall ensure—
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
that only funds held for Indian tribes may be withdrawn and that any funds held for individual tribal members are not to be included in the plan.
Source credit: (Pub. L. 103–412, title II, § 203, Oct. 25, 1994, 108 Stat. 4242.)
- 1994Enacted · Pub. L. 103-412 · 108 Stat. 4242
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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