§ 1195. — Disposition of funds withheld from per capita distribution.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1195]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER LX--DELAWARE NATION OF INDIANS
Sec. 1195. Disposition of funds withheld from per capita
distribution
The $200,000 withheld from per capita distribution pursuant to
section 1191 of this title shall be invested or placed in trust with an
institutional trustee by the Secretary of the Interior, under terms and
conditions approved by the tribal governing body. The income from the
investment or trust, together with such invasions of the principal or
trust corpus as the Secretary deems desirable, shall be used for the
education of members of the tribe until such time as the tribal
governing body, with the approval of the Secretary, determines that the
funds should be used in some other manner.
(Pub. L. 91-259, Sec. 5, May 21, 1970, 84 Stat. 254.)
Section Referred to in Other Sections
This section is referred to in section 1191 of this title.
