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§ 151. —  Deposits in bank by disbursing agents.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 25USC151]

 
                            TITLE 25--INDIANS
 
    CHAPTER 4--PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS
 
     SUBCHAPTER III--DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS
 
Sec. 151. Deposits in bank by disbursing agents

    Any United States Indian agent, superintendent, or other disbursing 
agent of the Indian Service may deposit Indian moneys, individual or 
tribal, coming into his hands as custodian, in such national bank or 
banks as he may select: Provided, That the bank or banks so selected by 
him shall first execute to said disbursing agent a bond, with approved 
surety, in such an amount as will properly safeguard the funds to be 
deposited. Such bond shall be subject to the approval of the Secretary 
of the Interior.

(Apr. 30, 1908, ch. 153, 35 Stat. 73; June 25, 1910, ch. 431, Sec. 1, 36 
Stat. 855; Mar. 3, 1928, ch. 122, 45 Stat. 161; Apr. 30, 1934, ch. 169, 
48 Stat. 648.)

                          Codification

    This section is also set out in the last two provisos of section 372 
of this title.

                          Transfer of Functions

    For transfer of functions of other officers, employees, and agencies 
of Department of the Interior, with certain exceptions, to Secretary of 
the Interior, with power to delegate, see Reorg. Plan No. 3 of 1950, 
Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3174, 64 Stat. 1262, set out in 
the Appendix to Title 5, Government Organization and Employees.
    Transfer of disbursement functions of all Government agencies with 
certain exceptions to the Fiscal Service, Treasury Department, see note 
set out under section 53 of this title.


                              Indian Agents

    The services of Indian agents have been dispensed with. See note set 
out under section 64 of this title.

                  Section Referred to in Other Sections

    This section is referred to in sections 353, 406, 564h, 697, 747 of 
this title.



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