25 USC § 2214 - Establishing fair market value

---
identifier: "/us/usc/t25/s2214"
source: "usc"
legal_status: "official_prima_facie"
title: "25 USC § 2214 - Establishing fair market value"
title_number: 25
title_name: "INDIANS"
section_number: "2214"
section_name: "Establishing fair market value"
chapter_number: 24
chapter_name: "INDIAN LAND CONSOLIDATION"
positive_law: false
currency: "119-84"
last_updated: "2025-07-14"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(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.)"
---


# § 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.

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**Source Credit**: (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 Text

This chapter, referred to in text, was in the original “this Act”, which was translated as reading “this title”, meaning title II of , to reflect the probable intent of Congress.

### Amendments

2005— substituted “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—, which directed substitution of “this Act” for “” in last sentence, was executed by substituting “this chapter” for “section 213”, meaning , which is classified to , to reflect the probable intent of Congress.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2005 Amendment

Amendment by  effective as if included in , see , set out as a note under .