25 U.S.C. § 2214

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)

Section 2214 - Establishing fair market value

For purposes of this chapter, the Secretary may develop a system for establishing the fair market value of various types of lands and improvements. Such a system may include determinations of fair market value based on appropriate geographic units as determined by the Secretary. Such a system may govern the amounts offered for the purchase of interests in trust or restricted land under this chapter.

25 U.S.C. § 2214

Pub. L. 97-459, title II, §215, as added Pub. L. 106-462, title I, §103(6), Nov. 7, 2000, 114 Stat. 2002; amended Pub. L. 108-374, §6(a)(7), Oct. 27, 2004, 118 Stat. 1802; Pub. L. 109-157, §6, Dec. 30, 2005, 119 Stat. 2952.

EDITORIAL NOTES

REFERENCES IN TEXTThis chapter, referred to in text, was in the original "this Act", which was translated as reading "this title", meaning title II of Pub. L. 97-459 to reflect the probable intent of Congress.

AMENDMENTS2005- Pub. L. 109-157substituted "Such a system may govern the amounts offered for the purchase of interests in trust or restricted land under this chapter." for "Such system may govern the amounts offered for the purchase of interests in trust or restricted lands under this chapter."2004- Pub. L. 108-374 which directed substitution of "this Act" for "section 2212 of this title" in last sentence, was executed by substituting "this chapter" for "section 213", meaning section 213 of Pub. L. 97-459 which is classified to section 2212 of this title, to reflect the probable intent of Congress.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATE OF 2005 AMENDMENTAmendment by Pub. L. 109-157 effective as if included in Pub. L. 108-374 see section 9 of Pub. L. 109-157 set out as a note under section 5107 of this title.