Us Code § 4012 - Authority for payment of claims for interest owed
Full text of Us Code United States Code § 4012 — Authority for payment of claims for interest owed, with citation guidance and answers to common questions.
§ 4012. Authority for payment of claims for interest owed
The Secretary shall make payments to an individual Indian in full satisfaction of any claim of such individual for interest on amounts deposited or invested on behalf of such individual before October 25, 1994, retroactive to the date that the Secretary began investing individual Indian monies on a regular basis, to the extent that the claim is identified—
(1) by a reconciliation process of individual Indian money accounts, or
(2) by the individual and presented to the Secretary with supporting documentation, and is verified by the Secretary pursuant to the Department's policy for addressing accountholder losses.
(Pub. L. 103–412, title I, §104, Oct. 25, 1994, 108 Stat. 4241.)
SUBCHAPTER II—INDIAN TRUST FUND MANAGEMENT PROGRAM
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25 U.S.C. § 4012 is part of Title 25 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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