
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 25USC2215]

 
                            TITLE 25--INDIANS
 
                  CHAPTER 24--INDIAN LAND CONSOLIDATION
 
Sec. 2215. Acquisition Fund


(a) In general

    The Secretary shall establish an Acquisition Fund to--
        (1) disburse appropriations authorized to accomplish the 
    purposes of section 2212 of this title; and
        (2) collect all revenues received from the lease, permit, or 
    sale of resources from interests in trust or restricted lands 
    transferred to Indian tribes by the Secretary under section 2212 of 
    this title or paid by Indian landowners under section 2212(c) of 
    this title.

(b) Deposits; use

                           (1) In general

        Subject to paragraph (2), all proceeds from leases, permits, or 
    resource sales derived from an interest in trust or restricted lands 
    described in subsection (a)(2) of this section shall--
            (A) be deposited in the Acquisition Fund; and
            (B) as specified in advance in appropriations Acts, be 
        available for the purpose of acquiring additional fractional 
        interests in trust or restricted lands.

                  (2) Maximum deposits of proceeds

        With respect to the deposit of proceeds derived from an interest 
    under paragraph (1), the aggregate amount deposited under that 
    paragraph shall not exceed the purchase price of that interest under 
    section 2212 of this title.

(Pub. L. 97-459, title II, Sec. 216, as added Pub. L. 106-462, title I, 
Sec. 103(6), Nov. 7, 2000, 114 Stat. 2002.)

                  Section Referred to in Other Sections

    This section is referred to in section 2213 of this title.
