---
kind: "section"
citation: "25 U.S.C. § 411"
title: "25"
title_heading: "Indians"
number: "411"
heading: "Interest on moneys from proceeds of sale"
release: "119-102"
url: "https://uscodex.org/usc/25/411"
units:
  - "Chapter 12 — Lease, Sale, or Surrender of Allotted or Unallotted Lands"
---

# §411. Interest on moneys from proceeds of sale


The shares of money due minor [Indians](/usc/25/1934.md) as their proportion of the proceeds from the sale of ceded or tribal [Indian lands](/usc/25/3653.md?p=3), whenever such shares have been withheld from their parents, legal guardians, or others, and retained in the United States Treasury by direction of the [Secretary](/usc/25/5130.md?p=1) of the Interior, shall draw interest at the rate of 3 per centum per annum, unless otherwise provided for, from the period when such proceeds have been or shall be distributed per capita among the members of the [tribe](/usc/25/3402.md?p=2-A) of which such minor is a member; and the [Secretary](/usc/25/5130.md?p=1) of the Treasury is authorized and directed to allow interest on such unpaid amounts belonging to said minors as shall be certified by the [Secretary](/usc/25/5130.md?p=1) of the Interior as entitled to draw interest under this section.


## Source credit

(June 21, 1906, ch. 3504, 34 Stat. 327.)