Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 25 - Indians |
Chapter V - Bureau of Indian Affairs, Department of the Interior, and Indian Health Service, Department of Health and Human Services |
Part 900 - Contracts Under the Indian Self-Determination and Education Assistance Act |
Subpart F - Standards for Tribal or Tribal Organization Management Systems |
Property Management System Standards |
§ 900.51 - What is an Indian tribe or tribal organization's property management system expected to do?
Latest version.
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§ 900.51 What is an Indian tribe or tribal organization's property management system expected to do?
An Indian tribe or tribal organization's property management system shall account for all property furnished or transferred by the Secretary for use under a self-determination contract or acquired with contract funds. The property management system shall contain requirements for the use, care, maintenance, and disposition of Federally-owned and other property as follows:
(a) Where title vests in the Indian tribe, in accordance with tribal law and procedures; or
(b) In the case of a tribal organization, according to the internal property procedures of the tribal organization.