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U.S. Code as of:
01/19/04
Section 411. Interest on moneys from proceeds of sale
The shares of money due minor Indians as their proportion of the
proceeds from the sale of ceded or tribal Indian lands, whenever
such shares have been withheld from their parents, legal guardians,
or others, and retained in the United States Treasury by direction
of the Secretary of the Interior, shall draw interest at the rate
of 3 per centum per annum, unless otherwise provided for, from the
period when such proceeds have been or shall be distributed per
capita among the members of the tribe of which such minor is a
member; and the Secretary of the Treasury is authorized and
directed to allow interest on such unpaid amounts belonging to said
minors as shall be certified by the Secretary of the Interior as
entitled to draw interest under this section.
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