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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 |
§ 112.5 - Basis of distribution; pro rata shares.
Latest version.
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In estimating the pro rata share of an individual, the last annuity payroll prior to July 1, or January 1 of each year will be taken as a basis of distribution. Where no payment has been made within 1 year, the last census, if taken within the year, will be the basis. If no census has been taken or payment made within a year, the last available record—either census or annuity roll will be used.