
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 25USC974]

 
                            TITLE 25--INDIANS
 
                        CHAPTER 14--MISCELLANEOUS
 
    SUBCHAPTER XLVI--PONCA TRIBE OF NEBRASKA: TERMINATION OF FEDERAL 
                               SUPERVISION
 
Sec. 974. Sale of trust lands


(a) Requisite owners' request; time limitation; bidding; member 
        purchases; reservation of mineral rights; representation of 
        minors, incompetents and missing owners

    The Secretary of the Interior is authorized to partition or to sell 
the complete interest (including any unrestricted interest) in any land 
in which an undivided interest is owned by a member of the Ponca Tribe 
of Native Americans of Nebraska in a trust or restricted status, 
provided the partition or sale is requested by the owners of a 25 per 
centum interest in the land, and the partition or sale is made within 
three years from September 5, 1962. Any such sale shall be by 
competitive bid, except that with the concurrence of the owners of a 25 
per centum interest in the land any owner of an interest in the land 
shall have the right to purchase the land within a reasonable time fixed 
by the Secretary of the Interior prior to a competitive sale at not less 
than its current market value. If more than one preference right is 
exercised, the sale shall be by competitive bid limited to the persons 
entitled to a preference. If the owners of a 25 per centum interest in 
the land so request, mineral rights may be reserved to the owners in an 
unrestricted status. The Secretary of the Interior may represent for the 
purposes of this section any Indian owner who is a minor, or who is non 
compos mentis, and, after giving reasonable notice of the proposed 
partition or sale by publication, he may represent an Indian owner who 
cannot be located.

(b) Removal of restrictions; title to lands

    All restrictions on the alienation or taxation of interests in land 
that are owned by members of the Ponca Tribe of Native Americans of 
Nebraska three years after September 5, 1962 shall be deemed removed by 
operation of law, and an unrestricted title shall be vested in each such 
member.

(Pub. L. 87-629, Sec. 4, Sept. 5, 1962, 76 Stat. 430.)

                  Section Referred to in Other Sections

    This section is referred to in section 971 of this title.
