[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1773d]
TITLE 25--INDIANS
CHAPTER 19--INDIAN LAND CLAIMS SETTLEMENTS
SUBCHAPTER VII--WASHINGTON INDIAN (PUYALLUP) LAND CLAIMS SETTLEMENT
Sec. 1773d. Funds to members of Puyallup Tribe
(a) Payment to individual members
(1) To the extent provided in advance in appropriation Acts or to
the extent funds are provided by other parties to the Settlement
Agreement, the Secretary shall place with a financial institution the
amount of $24,000,000 in an annuity fund or other investment program
(hereafter in this subsection referred to as the ``fund''). The
selection of the institution or institutions where the funds will be
held and the administration of the funds shall be in accordance with
section II of the Settlement Agreement and documents 2 and 3 of the
Technical Documents. Amounts earned pursuant to any investment of the
fund shall be added to, and become part of, the fund.
(2) Upon attaining the age of 21 years, each enrolled member of the
Tribe (determined by the Tribe pursuant to its constitution to have been
a member as of the date of ratification of the Settlement Agreement by
the Tribe) shall receive a one-time payment from the fund. The amount of
such payment shall be determined in accordance with section II of the
Settlement Agreement and document 2 of the Technical Documents.
(3) A reasonable and customary fee for the administration of the
fund may be paid out of the income earned by the fund to the financial
institution with which the fund is established.
(4) Upon payment to all eligible members of the Tribe pursuant to
paragraph (2), any amount remaining in the fund shall be utilized in the
manner determined by a vote of the members of the Tribe.
(5) There is authorized to be appropriated $22,350,000 for the
Federal share of the fund.
(b) Permanent trust fund for tribal members
(1) In order to provide a permanent resource to enhance the ability
of the Tribe to provide services to its members, there is established
the Puyallup Tribe of Indians Settlement Trust Fund (hereafter in this
subsection referred to as the ``trust fund'').
(2) Upon appropria
