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25 U.S.C. § 415bAdvance payment of rent or other consideration

submitted 71 years ago by ch. 615 to r/title-25-INDIANS · 36 words · no verdicts yet

in plain englishAI-generated · not legal advice

Rent for land leased under sections 415 to 415d cannot normally be paid more than a year ahead of time. The lease itself can allow more advance payment, but only if it says so in writing.

This section is one rule with no lettered subsections. For land leased under 25 U.S.C. §§ 415-415d, rent or any other payment for using the land generally cannot be paid or collected more than one year in advance. That is the default rule. There is one exception: if the lease itself specifically provides for payment further in advance, that provision controls, and advance payment beyond one year is allowed for that lease.
the actual law source: uscode.house.gov ↗public domain

No rent or other consideration for the use of land leased under sections 415 to 415d of this title shall be paid or collected more than one year in advance, unless so provided in the lease.

Source credit: (Aug. 9, 1955, ch. 615, § 4, 69 Stat. 540.)

history & why it existsrecord from the source credit
  • 1955Enacted · Act of Aug. 9, 1955, ch. 615 · 69 Stat. 540

A history note hasn’t been published yet. The record shows enactment by ch. 615 on 1955-08-09.

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