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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 II - Indian Arts and Crafts Board, Department of the Interior |
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SubChapter G - FINANCIAL ACTIVITIES |
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Part 112 - REGULATIONS FOR PRO RATA SHARES OF TRIBAL FUNDS |
§ 112.4 - Interest in pro rata shares not vested rights unless application approved.
Latest version.
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On November 6, 1908, the Secretary of the Interior decided, in effect, that the interest of an Indian in a pro rata share of a tribal fund does not vest in the Indian an inheritable property until after his application has been approved by the Secretary and an order signed by him segregating it from the tribal fund. Applications for shares of funds under this act may be made at any time, but in view of the Secretary's decision such applications should be forwarded to the Bureau by the superintendent as soon as they are completed and filed with him. Applications from those who are blind, decrepit, etc., must be made special and forwarded to the Bureau of Indian Affairs, Washington, D.C., as soon as possible.