§ 573. — Uses of judgment fund.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC573]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER XV--SHOSHONE TRIBE: DISTRIBUTION OF JUDGMENT FUND
Sec. 573. Uses of judgment fund
(a) Purchase of lands
Not to exceed $1,000,000 of the said judgment fund, or interest
thereon, shall be available for expenditure upon the request of the
tribe and with the approval of the Secretary of the Interior, for the
purchase of lands in the manner prescribed in section 576 of this title.
(b) Loan fund
The sum of $125,000 of said judgment fund, or interest thereon,
shall, at the request of the tribe and with the approval of the
Secretary of the Interior, be set aside as a loan fund for making loans
to individual members, or groups of members, of said tribe under such
rules and regulations as may be prescribed by the Secretary of the
Interior.
(c) Productive enterprises
The remainder of said judgment fund, including interest thereon,
after making the segregation provided for in section 572 of this title,
and after setting aside the respective amounts authorized by this
section, shall be available for appropriation, upon the recommendation
of the Secretary of the Interior, and with the consent of the tribe, for
purposes of benefit to the tribe, including the establishment and
administration of productive enterprises for the benefit of said tribe,
and any income derived from such enterprises shall be credited to the
Shoshone tribal judgment fund: Provided, That should such enterprises
also benefit the Arapaho Tribe repayment proportionate to the benefit to
the Arapaho Tribe shall be made into the Shoshone judgment fund by the
Arapaho Tribe out of such tribal income as the Arapaho Tribe may enjoy.
(July 27, 1939, ch. 387, Sec. 3, 53 Stat. 1129.)
Section Referred to in Other Sections
This section is referred to in sections 571, 575, 576, 577 of this
title.
