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

25 CFR 140.11: License period.

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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 140—LICENSED INDIAN TRADERS

Licenses to trade shall not be issued unless the proposed licensee has a right to the use of the land on which the business is to be conducted. The license period shall correspond to the period of the lease or permit held by the licensee on restricted Indian land, except that where the proposed licensee is the owner or beneficial owner or holds a use right to the land on which the business is to be conducted, the license period shall be fixed by the Commissioner of Indian Affairs or his authorized representative, but in no case shall the license period exceed 25 years.

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

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