§ 974. — Sale of trust lands.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 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.
