Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 25 - Indians |
Chapter VI - Office of the Assistant Secretary, Indian Affairs, Department of the Interior |
Part 1000 - Annual Funding Agreements Under the Tribal Self-Government Act Amendments to the Indian Self-Determination and Education Act |
Subpart S - Conflicts of Interest |
§ 1000.463 - What types of personal conflicts of interest involving tribal officers, employees or subcontractors would have to be regulated by a Tribe/Consortium?
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§ 1000.463 What types of personal conflicts of interest involving tribal officers, employees or subcontractors would have to be regulated by a Tribe/Consortium?
The Tribe/Consortium would need a tribally-approved mechanism to ensure that no officer, employee, or agent (including a subcontractor) of the Tribe/Consortium reviews a trust transaction in which that person has a financial or employment interest that conflicts with that of the trust beneficiary, whether the tribe/consortium or an allottee. Interests arising from membership in, or employment by, a Tribe/Consortium or rights to share in a tribal claim need not be regulated.