§ 669. — Use of sale proceeds for purchase of real property only.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC669]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER XXVI--SOUTHERN UTE INDIAN TRIBE OF COLORADO
Sec. 669. Use of sale proceeds for purchase of real property
only
All funds derived from the sale of lands pursuant to this subchapter
shall be used only for the purchase of real property within the
boundaries of the Southern Ute Indian Reservation. Title to any lands
purchased with such funds and title to any lands reacquired by the tribe
by foreclosure of a mortgage or deed of trust shall be taken in the name
of the United States in trust for the Southern Ute Indian Tribe.
(Pub. L. 92-312, Sec. 2, June 14, 1972, 86 Stat. 216.)
