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Code · U.S. Code · Title 25 - INDIANS · CHAPTER 4— PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS · SUBCHAPTER III— DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS · § 158

§ 158. Investment of proceeds of lands

162 words·~1 min read·/usc/title-25/section-158

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The Secretary of the Interior shall invest in a manner which shall be in his judgment most safe and beneficial for the fund, all moneys that may be received under treaties containing stipulations for the payment to the Indians, annually, of interest upon the proceeds of the lands ceded by them; and he shall make no investment of such moneys, or of any portion, at a lower rate of interest than 5 per centum per annum.
(R.S. § 2096.)
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3 references not yet in our index
  • act Jan. 9, 1837, ch. 1, § 4
  • 5 Stat. 135
  • 64 Stat. 1262
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§ 158
Investment of proceeds of lands
Actact Jan. 9, 1837, ch. 1, § 4
Stat.5 Stat. 135
Stat.64 Stat. 1262
Cites 3Cited by 0 across 0 sources
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