Pub. L. 109-221, tit. II, sec. 203

CERTIFICATION OF RENTAL PROCEEDS.

EnactedYear: 2006Length: 78 wordsOfficial source
SEC. 203. CERTIFICATION OF RENTAL PROCEEDS. Notwithstanding any other provision of law, any actual rental proceeds from the lease of land acquired under the first section of the Act entitled “An Act to provide for loans to Indian tribes and tribal corporations, and for other purposes” (25 U.S.C. 488) certified by the Secretary of the Interior shall be deemed—(1) to constitute the rental value of that land; and (2) to satisfy the requirement for appraisal of that land.
Pub. L. 109-221, tit. II, sec. 203: CERTIFICATION OF RENTAL PROCEEDS. | Justis AI