25 CFR 115.418: What types of trust funds may a minor have?
Where this section sits in the code
- Title 25—Indians
- CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER G—FINANCIAL ACTIVITIES
- PART 115—TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
- Subpart C—IIM Accounts: Minors
A minor may have one or more of the following types of trust funds:
(a) Judgment per capita funds: Withdrawals may only be made upon BIA approval of an application made under Public Law 97-458. See 25 CFR 1.2.
(b) Tribal per capita funds: Withdrawals may only be made under a BIA approved distribution plan and in accordance with the terms of the tribe's per capita resolution/document.
(c) Other trust funds: Withdrawals may only be made under a minor's BIA-approved distribution plan that is based on a justified unmet need for the minor's health, education, or welfare.
(d) Funds from other federal agencies (e.g., SSA, SSI, VA) received for the benefit of the minor: Withdrawals must be made only under a BIA-approved distribution plan that must be consistent with the disbursing agency's (e.g., SSA, SSI, VA) allowable uses for the funds.
Collected 2026-08-27T02:24:59Z. Source file · JSON