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25 U.S.C. § 5114 — Interest charges covered into revolving fund
Federal law — U.S. Code and appendices · legal_authorities
Interest or other charges heretofore or hereafter collected on loans shall be credited to the revolving fund created by [section 5113 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5113&num=0&edition=prelim) and shall be available for the establishment of a revolving fund for the purpose of making and administering loans to Indian-chartered corporations in accordance with the Act of June 18, 1934 (48 Stat. 986) [[25 U.S.C. 5101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5101&num=0&edition=prelim) et seq.], and of making and administering loans to individual Indians and to associations or corporate groups of Indians of Oklahoma in accordance with the Act of June 26, 1936 (49 Stat. 1967).
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Stable record: federal_law:legal_authorities:record_usc_607c0446f22580fee313771d
Source file: Laws/federal/codes/united-states-code/title-25/section-5114-interest-charges-covered-into-revolving-fund--5cba53b430.md
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Passage SHA-256: 1997e99924f2ef53a488862d776945659e5a489b523aa2003b05b37f0a19c741
Source location: Title 25, Chapter 45, § 5114; chapter-045-protection-of-indians-and-conservation-of-resources.md
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Interest or other charges heretofore or hereafter collected on loans shall be credited to the revolving fund created by [section 5113 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5113&num=0&edition=prelim) and shall be available for the establishment of a revolving fund for the purpose of making and administering loans to Indian-chartered corporations in accordance with the Act of June 18, 1934 (48 Stat. 986) [[25 U.S.C. 5101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5101&num=0&edition=prelim) et seq.], and of making and administering loans to individual Indians and to associations or corporate groups of Indians of Oklahoma in accordance with the Act of June 26, 1936 (49 Stat. 1967).
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary of the Interior is authorized, in his discretion, to acquire by purchase, relinquishment, gift, exchange, or assignment, any interest in lands, water rights, or surface rights to lands, within or without existing Indian reservations, including trust or otherwise restricted lands now in Indian ownership: Provided, That such lands shall be agricultural and grazing lands of good character and quality in proportion to the respective needs of the particular Indian or Indians for whom such purchases are made. Title to all lands so acquired shall be taken in the name of the United States, in trust for the tribe, band, group, or individual Indian for whose benefit such land is so acquired, and while the title thereto is held by the United States said lands shall be free from any and all taxes, save that the State of Oklahoma is authorized to levy and collect a gross-production tax, not in excess of the rate applied to production from lands in private ownership, upon all oil and gas produced from said lands, which said tax the Secretary of the Interior is authorized and directed to cause to be paid.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5201
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary is authorized to make loans to individual Indians and to associations or corporate groups organized pursuant to this chapter. For the making of such loans and for expenses of the cooperative associations organized pursuant to this chapter there shall be appropriated, out of the Treasury of the United States, the sum of $2,000,000.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5206
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Federal law — U.S. Code and appendices · legal_authorities
On and after June 18, 1934, no land of any Indian reservation, created or set apart by treaty or agreement with the Indians, Act of Congress, Executive order, purchase, or otherwise, shall be allotted in severalty to any Indian.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5101
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section 470a was editorially reclassified as [section 5114 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5114&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 470a
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Federal law — U.S. Code and appendices · legal_authorities
There is authorized to be appropriated, out of any funds in the Treasury not otherwise appropriated, the sum of $20,000,000 to be established as a revolving fund from which the Secretary of the Interior, under such rules and regulations as he may prescribe, may make loans to Indian chartered corporations for the purpose of promoting the economic development of such tribes and of their members, and may defray the expenses of administering such loans. Repayment of amounts loaned under this authorization shall be credited to the revolving fund and shall be available for the purposes for which the fund is established.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5113
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Federal law — U.S. Code and appendices · legal_authorities
Page 691
TITLE 25—INDIANS
§ 5103
Sec.
5116.
Standards for Indians appointed to In-
dian Office.
5117.
Indian preference laws applicable to Bu-
reau of Indian Affairs and Indian
Health Service positions.
5118.
Application generally.
5119.
Application to Alaska.
5120.
Continuation of allowances.
5121.
Claims or suits of Indian tribes against
United States; rights unimpaired.
5122.
Offsets of gratuities.
5123.
Organization of Indian tribes; constitu-
tion and bylaws and amendment there-
of; special election.
5124.
Incorporation of Indian tribes; charter;
ratification by election.
5125.
Acceptance optional.
5126.
Mandatory application of sections 5102
and 5124.
5127.
Procedure.
5128.
Application of laws and treaties.
5129.
Definitions.
5130.
Definitions.
5131.
Publication of list of recognized tribes.
5132.
Indians eligible for loans.
5133.
Revolving fund; loans; regulations.
5134.
Sale of land by individual Indian owners.
5135.
Mortgages and deeds of trust by indi-
vidual Indian owners; removal from
trust or restricted status; application
to Secretary.
5136.
Loans to purchasers of highly fractioned
land.
5137.
Removal of duplicative appraisals.
5138.
Title in trust to United States.
5139.
Tribal rights and privileges in connec-
tion with loans.
5140.
Mortgaged property governed by State
law.
5141.
Interest rates and taxes.
5142.
Reduction of unpaid principal.
5143.
Authorization of appropriations.
5144.
Certification of rental proceeds.
§ 5101. Allotment of land on Indian reservations
On and after June 18, 1934, no land of any In-
dian reservation, created or set apart by treaty
or agreement with the Indians, Act of Congress,
Executive order, purchase, or otherwise, shall be
allotted in severalty to any
Source: Supplied 2024 U.S. Code historical extraction · 25 U.S.C. § 5101
Stored review status: historical_2024_not_currentness_verified. The source passage cites 25 U.S.C. § 5101. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 695
TITLE 25—INDIANS
§ 5116
priated, such sums as may be necessary, but not
to exceed $250,000 in any fiscal year, to be ex-
pended at the order of the Secretary of the Inte-
rior, in defraying the expenses of organizing In-
dian chartered corporations or other organiza-
tions created under this Act.
(June 18, 1934, ch. 576, § 9, 48 Stat. 986.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in text, is act June 18, 1934, ch.
576, 48 Stat. 984, popularly known as the Indian Reorga-
nization Act, which is classified generally to this chap-
ter. For complete classification of this Act to the Code,
see Short Title note set out under section 5101 of this
title and Tables.
CODIFICATION
Section was formerly classified to section 469 of this
title prior to editorial reclassification and renumbering
as this section.
§ 5113. Revolving fund; appropriation for loans
There is authorized to be appropriated, out of
any funds in the Treasury not otherwise appro-
priated, the sum of $20,000,000 to be established
as a revolving fund from which the Secretary of
the Interior, under such rules and regulations as
he may prescribe, may make loans to Indian
chartered corporations for the purpose of pro-
moting the economic development of such tribes
and of their members, and may defray the ex-
penses of administering such loans. Repayment
of amounts loaned under this authorization
shall be credited to the revolving fund and shall
be available for the purposes for which the fund
is established.
(June 18, 1934, ch. 576, § 10, 48 Stat. 986; Pub. L.
86–533, § 1(16), June 29, 1960, 74 Stat. 248; Pub. L.
87–250, Sept. 15, 1961, 75 Stat. 520.)
Editorial Notes
CODIFICATION
Section was formerly classified to section 470 of this
title prior to editorial reclas
Source: Supplied 2024 U.S. Code historical extraction · 25 U.S.C. § 5114
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.