25 CFR 115.504: If you have a life estate interest in income-producing trust assets, how will you receive the income?
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 D—IIM Accounts: Estate Accounts
If you have a life estate interest in income-producing trust assets, which is earning income, OTFM will open an IIM-life estate account for you and funds will be distributed after BIA has certified ownership of the trust funds.
Collected 2026-08-27T02:24:59Z. Source file · JSON