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U.S. Code as of:
01/19/04
Section 1073. Tax exemption; payments to minors and persons under legal disabilities
None of the funds distributed per capita under the provisions of
this subchapter shall be subject to Federal or State income tax.
Any per capita share payable to a person under twenty-one years of
age or to a person under legal disability shall be paid in
accordance with such procedures, including the establishment of
trusts, as the Secretary determines will adequately protect the
best interest of such persons.
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