An Act to amend the act of October 14, 1940, to authorize the sale of personal property held in connection with housing under such act
PL 84-349 (H.R.6199), enacted 08/11/1955

668 
PUBLIC LAW 349~AUG. 11, 1955 
[69 
S T A T . 
25 u s e 355 note. 
25 u s e 355 note, 
502. 
Tax exemptions. 
may be. If the court does not find that the Indian is able to manage 
his, or her, own affairs, it shall deny the application for an order re-
moving restrictions, or set aside an order of the Secretary issued with-
out application therefor, as the case may be. The court shall furnish 
to the Secretary and to the applicant one certified copy of any final 
order issued by it. Any final order of the court shall be subject to 
appeal by the applicant, by the Secretary, or by the board of county 
commissioners in accordance with the probate laws of the State of 
Oklahoma, except that no appeal bond shall be required in an appeal 
by the Secretary. 
(d) When an order removing restrictions becomes effective, the 
Secretary shall cause to be turned over to the applicant full owner-
ship and control of any money and property that is held in trust for 
him or that is held subject to a restriction against alienation imposed 
by the United States, issuing, in the case of land, such title document 
as may be appropriate: Provided^ That the Secretary may make such 
provisions as he deems necessary to insure payment of money loaned 
to any such Indian by the Federal Government or by an Indian tribe: 
Provided further^ That nothing herein contained shall abrogate the 
interest of any lessee or permittee in any lease, contract, or permit 
that is outstanding when an order removing restrictions becomes 
PTTPOi'l VP 
SEO. 3. Section 23 of the Act of April 26, 1906 (34 Stat. 137), as 
amended by section 8 of the Act of May 27,1908 (35 Stat. 312), which 
expires on April 26, 1956, is continued in force with respect to the 
restricted properties of Indians of the Five Civilized Tribes as long 
as such properties remain restricted. 
SEC. 4. Except as provided in section 2 of this Act, nothing in this 
Act shall be construed to repeal or to limit the application of the Act 
of August 4,1947 (61 Stat. 731), the provisions of which shall continue 
in effect until otherwise provided by Congress. 
SEC. 5. Any existing exemption from taxation that constitutes a 
vested property right shall continue in force and effect until it termi-
nates by virtue of its own limitations. 
Approved August 11, 1955. 
August 11, 1955 
[H. R. 6199] 
Public Law 349 
CHAPTER 787 
AN ACT 
To amend the Act of October 14, 1940, to authorize the sale of personal property 
held in connection with housing under such Act. 
Housing. 
Sale of personal 
property. 
64 Stat. 71. 
42 u s e 1588. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That section 608 
of the Act entitled "An Act to expedite the provision of housing in 
connection with national defense, and for other purposes", approved 
October 14, 1940, as amended, is amended by inserting "(a)" imme-
diately after "SEC. 608." and by adding at the end thereof the follow-
ing new subsection: 
"(b) Notwithstanding any other provision of law, any personal 
property held under this Act, and not sold with a project or building, 
may be sold at fair value, as determined by the Administrator, to any 
agency organized for slum clearance or to provide subsidized housing 
for persons of low income. Any sale of personal property under this 
subsection shall be made on a cash basis, payable at the time of 
settlement." 
Approved August 11, 1955.