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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 25 - Indians |
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Chapter VI - Office of the Assistant Secretary, Indian Affairs, Department of the Interior |
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Part 1000 - Annual Funding Agreements Under the Tribal Self-Government Act Amendments to the Indian Self-Determination and Education Act |
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Subpart Q - Miscellaneous Provisions |
§ 1000.399 - How may interest or investment income that accrues on AFAs be used?
Latest version.
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§ 1000.399 How may interest or investment income that accrues on AFAs be used?
Unless restricted by the AFA, interest or income earned on investments or deposits of self-governance awards may be:
(a) Placed in the Tribe's general fund and used for any purpose approved by the Tribe; or
(b) Used to provide expanded services under the self-governance AFA and to support some or all of the costs of investment services.