Laws: Cases and Codes : U.S. Code : Title 25 : Section 564e


   
U.S. Code as of: 01/19/04
Section 564e. Sale of tribal property

    (a) Transfer procedure
      The Secretary is authorized and directed to execute any
    conveyancing instrument that is necessary or appropriate to convey
    title to tribal property to be sold in accordance with the
    provisions of paragraph (3) of subsection (a) of section 564d of
    this title, and to transfer title to all other tribal property to a
    trustee, corporation, or other legal entity in accordance with the
    plan prepared pursuant to paragraph (5) of subsection (a) of
    section 564d of this title.
    (b) Time limitation
      It is the intention of the Congress that all of the actions
    required by section 564d of this title and this section shall be
    completed at the earliest practicable time and in no event later
    than seven years from August 13, 1954.
    (c) Effect on tribal members selling interests
      Members of the tribe who receive the money value of their
    interests in tribal property shall thereupon cease to be members of
    the tribe: Provided, That nothing shall prevent them from sharing
    in the proceeds of tribal claims against the United States.



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