United States Code (Last Updated: May 24, 2014) |
Title 25. INDIANS |
Chapter 4. PERFORMANCE BY UNITED STATES OF OBLIGATIONS TO INDIANS |
SubChapter III. DEPOSIT, CARE, AND INVESTMENT OF INDIAN MONEYS |
§ 151. Deposits in bank by disbursing agents
-
Any United States Indian agent, superintendent, or other disbursing agent of the Indian Service may deposit Indian moneys, individual or tribal, coming into his hands as custodian, in such national bank or banks as he may select: Provided, That the bank or banks so selected by him shall first execute to said disbursing agent a bond, with approved surety, in such an amount as will properly safeguard the funds to be deposited. Such bond shall be subject to the approval of the Secretary of the Interior.
Codification
This section is also set out in the last two provisos of section 372 of this title.
Transfer Of Functions
For transfer of functions of other officers, employees, and agencies of Department of the Interior, with certain exceptions, to Secretary of the Interior, with power to delegate, see Reorg. Plan No. 3 of 1950, §§ 1, 2, eff.
Transfer of disbursement functions of all Government agencies with certain exceptions to the Fiscal Service, Treasury Department, see note set out under section 53 of this title.
Miscellaneous
The services of Indian agents have been dispensed with. See note set out under section 64 of this title.