Laws: Cases and Codes : U.S. Code : Title 25 : Section 573


   
U.S. Code as of: 01/19/04
Section 573. Uses of judgment fund

    (a) Purchase of lands
      Not to exceed $1,000,000 of the said judgment fund, or interest
    thereon, shall be available for expenditure upon the request of the
    tribe and with the approval of the Secretary of the Interior, for
    the purchase of lands in the manner prescribed in section 576 of
    this title.
    (b) Loan fund
      The sum of $125,000 of said judgment fund, or interest thereon,
    shall, at the request of the tribe and with the approval of the
    Secretary of the Interior, be set aside as a loan fund for making
    loans to individual members, or groups of members, of said tribe
    under such rules and regulations as may be prescribed by the
    Secretary of the Interior.
    (c) Productive enterprises
      The remainder of said judgment fund, including interest thereon,
    after making the segregation provided for in section 572 of this
    title, and after setting aside the respective amounts authorized by
    this section, shall be available for appropriation, upon the
    recommendation of the Secretary of the Interior, and with the
    consent of the tribe, for purposes of benefit to the tribe,
    including the establishment and administration of productive
    enterprises for the benefit of said tribe, and any income derived
    from such enterprises shall be credited to the Shoshone tribal
    judgment fund: Provided, That should such enterprises also benefit
    the Arapaho Tribe repayment proportionate to the benefit to the
    Arapaho Tribe shall be made into the Shoshone judgment fund by the
    Arapaho Tribe out of such tribal income as the Arapaho Tribe may
    enjoy.



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