---
kind: "section"
citation: "25 U.S.C. § 396c"
title: "25"
title_heading: "Indians"
number: "396c"
heading: "Lessees of restricted lands to furnish bonds for performance"
release: "119-102"
url: "https://uscodex.org/usc/25/396c"
units:
  - "Chapter 12 — Lease, Sale, or Surrender of Allotted or Unallotted Lands"
---

# §396c. Lessees of restricted lands to furnish bonds for performance


On and after May 11, 1938, lessees of restricted [Indian lands](/usc/25/3653.md?p=3), tribal or allotted, for mining purposes, including oil and gas, shall furnish corporate surety bonds, in amounts satisfactory to the [Secretary](/usc/25/5130.md?p=1) of the Interior, guaranteeing compliance with the terms of their leases: Provided, That personal surety bonds may be accepted where the sureties deposit as collateral with the said [Secretary](/usc/25/5130.md?p=1) of the Interior any public-debt obligations of the United States guaranteed as to principal and interest by the United States equal to the full amount of such bonds, or other collateral satisfactory to the [Secretary](/usc/25/5130.md?p=1) of the Interior, or show ownership to unencumbered real estate of a value equal to twice the amount of the bonds.


## Source credit

(May 11, 1938, ch. 198, § 3, 52 Stat. 348.)

## Notes

### Statutory Notes and Related Subsidiaries

### Repeal of Inconsistent Acts

For repeal of inconsistent acts, see section 7 of act May 11, 1938, set out as a note under section 396a of this title.