§ 656. — Judgment amount deposited in Treasury to credit of Indians; interest rate; use of 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: 25USC656]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER XXV--INDIANS OF CALIFORNIA
Sec. 656. Judgment amount deposited in Treasury to credit of
Indians; interest rate; use of fund
The amount of any judgment shall be placed in the Treasury of the
United States to the credit of the Indians of California and shall draw
interest at the rate of 4 per centum per annum and shall be thereafter
subject to appropriation by Congress for educational, health,
industrial, and other purposes for the benefit of said Indians,
including the purchase of lands and building of homes, and no part of
said judgment shall be paid out in per capita payments to said Indians:
Provided, That the Secretary of the Treasury is authorized and directed
to pay to the State of California, out of the proceeds of the judgment
when appropriated, the amount decreed by the court to be due said State,
as provided in section 655 of this title.
(May 18, 1928, ch. 624, Sec. 6, 45 Stat. 603.)
Section Referred to in Other Sections
This section is referred to in section 658 of this title.
