25 C.F.R. · Indians
25 C.F.R. § 115.418

What types of trust funds may a minor have?

Title 25 C.F.R. ● ACTIVE Primary Source
Regulatory Text

25 C.F.R. § 115.418 — What types of trust funds may a minor have?

§ 115.418 What types of trust funds may a minor have? A minor may have one or more of the following types of trust funds: (a) Judgment per capita funds: Withdrawals may only be made upon BIA approval of an application made under Public Law 97–458. See 25 CFR 1.2. (b) Tribal per capita funds: Withdrawals may only be made under a BIA approved distribution plan and in accordance with the terms of the tribe's per capita resolution/document. (c) Other trust funds: Withdrawals may only be made under a minor's BIA-approved distribution plan that is based on a justified unmet need for the minor's health, education, or welfare. (d) Funds from other federal agencies (e.g., SSA, SSI, VA) received for the benefit of the minor: Withdrawals must be made only under a BIA-approved distribution plan that must be consistent with the disbursing agency's (e.g., SSA, SSI, VA) allowable uses for the funds.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR25-SEC-7379A5
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boisestandard.org
Citation
25 C.F.R. § 115.418
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The regulatory text of 25 C.F.R. § 115.418 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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