---
kind: "section"
citation: "25 U.S.C. § 4012"
title: "25"
title_heading: "Indians"
number: "4012"
heading: "Authority for payment of claims for interest owed"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/25/4012"
units:
  - "Chapter 42 — American Indian Trust Fund Management Reform"
  - "Subchapter I — Recognition of Trust Responsibility"
---

# §4012. Authority for payment of claims for interest owed


The [Secretary](/usc/25/4001.md?p=3) shall make payments to an individual Indian in full satisfaction of any claim of such individual for interest on amounts deposited or invested on behalf of such individual before October 25, 1994, retroactive to the date that the [Secretary](/usc/25/4001.md?p=3) began investing individual Indian monies on a regular basis, to the extent that the claim is identified—

- (1) by a reconciliation process of individual Indian money accounts, or
- (2) by the individual and presented to the [Secretary](/usc/25/4001.md?p=3) with supporting documentation, and is verified by the [Secretary](/usc/25/4001.md?p=3) pursuant to the [Department](/usc/25/4001.md?p=6)’s policy for addressing accountholder losses.

## Source credit

(Pub. L. 103–412, title I, § 104, Oct. 25, 1994, 108 Stat. 4241.)
