---
kind: "range"
citation: "25 U.S.C. §§ 161a–161c"
title: "25"
from: "161a"
to: "161c"
count: 3
release: "119-102"
url: "https://uscodex.org/usc/25/161a..161c"
---

# §161a. Tribal funds in trust in Treasury Department; investment by Secretary of the Treasury; maturities; interest; funds held in trust for individual Indians

- (a) All funds held in trust by the United States and carried in principal accounts on the books of the United States Treasury to the credit of [Indian tribes](/usc/25/81.md?p=a-2) shall be invested by the [Secretary](/usc/25/5130.md?p=1) of the Treasury, at the request of the [Secretary](/usc/25/5130.md?p=1) of the Interior, in public debt securities with maturities suitable to the needs of the fund involved, as determined by the [Secretary](/usc/25/5130.md?p=1) of the Interior, and bearing interest at rates determined by the [Secretary](/usc/25/5130.md?p=1) of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturities.
- (b) All funds held in trust by the United States and carried in principal accounts on the books of the United States Treasury to the credit of individual [Indians](/usc/25/1934.md) shall be invested by the [Secretary](/usc/25/5130.md?p=1) of the Treasury, at the request of the [Secretary](/usc/25/5130.md?p=1) of the Interior, in public debt securities with maturities suitable to the needs of the fund involved, as determined by the [Secretary](/usc/25/5130.md?p=1) of the Interior, and bearing interest at rates determined by the [Secretary](/usc/25/5130.md?p=1) of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable securities.

# §161b. “Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest


All tribal funds arising under [section 155 of this title](/usc/25/155.md) on June 13, 1930, included in the fund “[Indian](/usc/25/1934.md) Money, Proceeds of Labor”, shall, on and after July 1, 1930, be carried on the books of the Treasury Department in separate accounts for the respective [tribes](/usc/25/3402.md?p=2-A), and all such funds with account balances exceeding $500 shall bear simple interest at the rate of 4 per centum per annum from July 1, 1930.


# §161c. Surplus above requirements of fund; transfer to surplus fund of Treasury; retransfer


The amount held in any tribal fund account which, in the judgment of the [Secretary](/usc/25/5130.md?p=1) of the Interior, is not required for the purpose for which the fund was created, shall be covered into the surplus fund of the Treasury; and so much thereof as is found to be necessary for such purpose may at any time thereafter be restored to the account on books of the Treasury without appropriation by Congress.