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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 |
§ 112.6 - Disposition of pro rata share in event of applicant's death.
Latest version.
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In the event of the death of an applicant prior to the approval of his application by the Secretary of the Interior, the share to which he would have been entitled, if living, will revert to the tribe. In case of the death of an applicant after approval of his application and the signing by the Secretary of the Interior of an order for the segregation of his share, but before payment is made, his share will descend to his legal heirs and should be deposited to the credit of the estate pending formal determination thereof.