§ 1495. — Land and personal property titles.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1495]
TITLE 25--INDIANS
CHAPTER 17--FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN
ORGANIZATIONS
SUBCHAPTER II--LOAN GUARANTY AND INSURANCE
Sec. 1495. Land and personal property titles
Title to any land purchased by a tribe or by an individual Indian
with loans guaranteed or insured pursuant to this subchapter may be
taken in trust, unless the land is located outside the boundaries of a
reservation or a tribal consolidation area approved by the Secretary.
Title to any land purchased by a tribe or an individual Indian which is
outside the boundaries of the reservation or approved consolidation area
may be taken in trust if the purchaser was the owner of trust or
restricted interests in the land before the purchase, otherwise title
shall be taken in the name of the purchaser without any restriction on
alienation, control, or use. Title to any personal property purchased
with loans guaranteed or insured hereunder shall be taken in the name of
the purchaser.
(Pub. L. 93-262, title II, Sec. 215, Apr. 12, 1974, 88 Stat. 81.)
Section Referred to in Other Sections
This section is referred to in section 1499 of this title.
