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U.S. Code as of:
01/19/04
Section 409a. Sale of restricted lands; reinvestment in other restricted lands
Whenever any nontaxable land of a restricted Indian of the Five
Civilized Tribes or of any other Indian tribe is sold to any State,
county, or municipality for public-improvement purposes, or is
acquired, under existing law, by any State, county, or municipality
by condemnation or other proceedings for such public purposes, or
is sold under existing law to any other person or corporation for
other purposes, the money received for said land may, in the
discretion and with the approval of the Secretary of the Interior,
be reinvested in other lands selected by said Indian, and such land
so selected and purchased shall be restricted as to alienation,
lease, or incumbrance, and nontaxable in the same quantity and upon
the same terms and conditions as the nontaxable lands from which
the reinvested funds were derived, and such restrictions shall
appear in the conveyance.
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