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Federal regulations · Through 2026-08-25 · Newer source version available

25 CFR 115.813: Is there a limit to the amount of trust funds OTFM will disburse from a tribal trust account?

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Where this section sits in the code
  1. Title 25—Indians
  2. CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
  3. SUBCHAPTER G—FINANCIAL ACTIVITIES
  4. PART 115—TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
  5. Subpart G—Tribal Accounts

OTFM will only disburse the available balance of the trust funds in a tribal trust account in accordance with a use and distribution plan, if applicable, and will not overdraw a tribal trust account. If a tribe's trust funds are invested in securities that have not matured, OTFM will only sell the asset to make cash available to the tribe if:

(a) There are no restrictions against the sale, and

(b) A tribe provides OTFM with a tribal resolution stating that:

(1) The security must be sold;

(2) The tribe acknowledges that they may incur a penalty when the security is sold; and

(3) The tribe acknowledges that the security may lose value if it is sold prior to maturity.

Collected 2026-08-27T02:24:59Z. Source file · JSON

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