1. LawStack
  2. Title 25 - Indians
  3. Chapter I - BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
  4. Subchapter G - FINANCIAL ACTIVITIES
  5. Part 115 - TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
  6. Subpart F - Trust Fund Accounts: General Information
  7. 25 CFR § 115.707
25 CFR § 115.707
Will the Secretary accept administrative fees for deposit into a trust account?
February 24, 2021
CFR

No. The Secretary will not accept administrative fees for deposit into a trust account because administrative fees are not trust funds. However, administrative fees may be deposited into a non-interest bearing, non-trust account with the BIA.

Previous
§ 115.706 When funds are awarded or assessed by a court of competent jurisdiction in a cause of action involving trust assets, what documentation is required to deposit the trust funds into a trust account?
Next
§ 115.708 How quickly will trust funds received by the Secretary on behalf of tribes or individual Indians be deposited into a trust account?

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC