Laws: Cases and Codes : U.S. Code : Title 25 : Section 590c


   
U.S. Code as of: 01/19/04
Section 590c. Tax exemption; trusts for minors and persons under legal disability

      None of the funds distributed per capita to members of the tribes
    under the provisions of sections 590a to 590c of this title shall
    be subject to Federal or State income taxes. A share or interest
    payable to enrollees less than eighteen years of age or under legal
    disability shall be paid in accordance with such procedures,
    including the establishment of trusts, as the Secretary determines
    appropriate to protect the best interest of such persons.



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