---
kind: "section"
citation: "25 U.S.C. § 161b"
title: "25"
title_heading: "Indians"
number: "161b"
heading: "“Indian Money, Proceeds of Labor” fund; separate accounts for respective tribes; rate of interest"
release: "119-102"
url: "https://uscodex.org/usc/25/161b"
units:
  - "Chapter 4 — Performance by United States of Obligations to Indians"
  - "Subchapter III — Deposit, Care, and Investment of Indian Moneys"
---

# §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.


## Source credit

(Feb. 12, 1929, ch. 178, § 2, as added June 13, 1930, ch. 483, 46 Stat. 584.)