§ 564c. — Personal property rights; restrictions; tax exemption.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC564c]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER XIII--KLAMATH TRIBE: TERMINATION OF FEDERAL SUPERVISION
Sec. 564c. Personal property rights; restrictions; tax exemption
Upon publication in the Federal Register of the final roll as
provided in section 564b of this title, the rights or beneficial
interests in tribal property of each person whose name appears on the
roll shall constitute personal property which may be inherited or
bequeathed, but shall not otherwise be subject to alienation or
encumbrance before the transfer of title to such tribal property as
provided in section 564e of this title without the approval of the
Secretary. Any contract made in violation of this section shall be null
and void. Property which this section makes subject to inheritance or
bequest and which is inherited or bequeathed after August 13, 1954, and
prior to the transfer of title to tribal property as provided in section
564e of this title shall not be subject to State or Federal inheritance,
estate, legacy, or succession taxes.
(Aug. 13, 1954, ch. 732, Sec. 4, 68 Stat. 718; Pub. L. 85-731, Sec. 2,
Aug. 23, 1958, 72 Stat. 818.)
Amendments
1958--Pub. L. 85-731 inserted provision that property which is
inherited or bequeathed after Aug. 13, 1954, and prior to transfer of
title to tribal property should not be subject to taxes.
Revolving Fund: Interest-Free Loans to Klamath Indians; Refinancing
Lending Agency Loans
Use of Revolving Loan Fund for Indians to assist Klamath Indians
during period for terminating Federal supervision, see note set out
under section 564 of this title.
