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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 25 - Indians |
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Chapter I - Bureau of Indian Affairs, Department of the Interior |
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SubChapter H - Land and Water |
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Part 162 - Leases and Permits |
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Subpart B - Agricultural Leases |
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Lease Requirements |
§ 162.227 - What form of rent payment can be accepted under an agricultural lease?
Latest version.
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§ 162.227 What form of rent payment can be accepted under an agricultural lease?
(a) When rent payments are made directly to the Indian landowners, the form of payment must be acceptable to the Indian landowners.
(b) Payments made to us may be delivered in person or by mail. We will not accept cash, foreign currency, or third-party checks. We will accept:
(1) Personal or business checks drawn on the account of the tenant;
(2) Money orders;
(3) Cashier's checks;
(4) Certified checks; or
(5) Electronic funds transfer payments.