§ 1300a-2. — Apportionment of funds; advances, expenditures, investments, or reinvestments; utilization of funds for Payson Band.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1300a-2]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER LXXII--YAVAPAI APACHE TRIBE OF ARIZONA: DISTRIBUTION OF
JUDGMENT FUND
Sec. 1300a-2. Apportionment of funds; advances, expenditures,
investments, or reinvestments; utilization of funds for Payson
Band
Upon completion and approval of the rolls as provided in section
1300a-1 of this title, the balance of the funds not set aside pursuant
to section 1300a of this title shall be apportioned among the cited
groups in section 1300a-1 of this title on the basis of the number of
enrollees in each group. The funds so apportioned shall be redeposited
in the Treasury of the United States to the credit of the respective
groups and may be advanced, expended, invested, or reinvested in any
manner authorized by the governing bodies and approved by the Secretary.
All funds so accruing to the Payson Band pursuant to section 1300a of
this title shall be utilized pursuant to a plan agreed upon between the
governing body elected by the Payson Indian community or by the members
thereof at a meeting called in accordance with the rules prescribed by
the Secretary of the Interior.
(Pub. L. 92-461, Sec. 4, Oct. 6, 1972, 86 Stat. 769.)
Section Referred to in Other Sections
This section is referred to in section 1300a of this title.