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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 I - Bureau of Indian Affairs, Department of the Interior |
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SubChapter N - Economic Enterprises |
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Part 290 - Tribal Revenue Allocation Plans |
§ 290.15 - Must the Indian tribe establish trust accounts with financial institutions for minors and legal incompetents?
Latest version.
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§ 290.15 Must the Indian tribe establish trust accounts with financial institutions for minors and legal incompetents?
No. The tribe may establish trust accounts with financial institutions but should explore investment options to structure the accounts to the benefit of their members while ensuring compliance with IGRA and this part.