§ 788f. — Distribution of funds; tax exemption; equal shares.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 25USC788f]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER XXXIV--CREEK NATION OF INDIANS
Sec. 788f. Distribution of funds; tax exemption; equal shares
All costs incident to carrying out the provisions of sections 788e
to 788h of this title shall be paid by appropriate withdrawals from the
judgment funds referred to in this section. After deducting attorney
fees and all other costs, the remainder of the funds, including
interest, to the credit of the Creek Nation appropriated by the Act of
October 27, 1966 (80 Stat. 1057), shall be distributed in equal shares
to those persons whose names appear on the roll prepared in accordance
with section 788e of this title. The funds so distributed shall not be
subject to Federal or State income taxes.
(Pub. L. 90-506, Sec. 2, Sept. 21, 1968, 82 Stat. 859.)
References in Text
Act of October 27, 1966, referred to in text, is act Oct. 27, 1966,
Pub. L. 89-697, 80 Stat. 1057. That portion of the act which
appropriated the funds referred to was not classified to the Code.
Section Referred to in Other Sections
This section is referred to in section 788h of this title.
