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U.S. Code as of:
01/19/04
Section 442. Livestock loans; cash settlements
All acceptances of cash settlements by the Commissioner of Indian
Affairs for livestock lent by the United States to any individual
Indian, or to any tribe, association, corporation, or other group
of Indians, and all sales and relending of livestock repaid in kind
to the United States on account of such loans are authorized and
ratified: Provided, That on and after May 24, 1950, the value of
such livestock for the purposes of any such cash settlement shall
be based on prevailing market prices in the area and shall be
ascertained by a committee composed of three members, one of whom
shall be selected by the superintendent of the particular agency,
one of whom shall be selected by the chairman of the tribal
council, and one of whom shall be selected by the other two
members.
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