Code of Federal Regulations · Section
§ 115.426 — What Is The Bia's Responsibility Regarding The Management Of A Minor's Supervised Account?
25 C.F.R. § 115.426
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The BIA's responsibility in regard to the management of a minor's supervised account is to:
(a) Review and approve the evaluation and the distribution plan;
(b) Authorize OTFM to disburse IIM funds in accordance with an approved distribution plan; and
(c) Conduct annual reviews of case records for minors' supervised accounts to ensure that the social service providers have managed the accounts in accordance with the approved evaluation and distribution plan.
Authorizing Statute
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Definitions25 U.S.C. § 4001
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Regulations by President25 U.S.C. § 9
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Departmental regulations5 U.S.C. § 301
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Records management by agency heads; general duties44 U.S.C. § 3101
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Duties of Commissioner25 U.S.C. § 2
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Duties of Secretary43 U.S.C. § 1457
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Deposit in Treasury of trust funds25 U.S.C. § 161