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25 U.S.C. § 5144 — Certification of rental proceeds

submitted 20 years ago by Pub. L. 109-221 to r/title-25-INDIANS · 52 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Certification of rental proceeds. It states the requirements, permissions, and limits described below.

Notwithstanding any other provision of law, any actual rental proceeds from the lease of land acquired under section 5136 of this title certified by the Secretary of the Interior must be deemed—
(1) to constitute the rental value of that land; and
(2) to satisfy the requirement for appraisal of that land.

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

Notwithstanding any other provision of law, any actual rental proceeds from the lease of land acquired under section 5136 of this title certified by the Secretary of the Interior shall be deemed—

(1)

to constitute the rental value of that land; and

(2)

to satisfy the requirement for appraisal of that land.

Source credit: (Pub. L. 109–221, title II, § 203, May 12, 2006, 120 Stat. 341.)

history & why it existsrecord from the source credit
  • 2006Enacted · Pub. L. 109-221 · 120 Stat. 341

A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-221 on 2006-05-12.

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