Code of Federal Regulations · Section

§ 115.805 — If A Tribe Is Paid Directly Under A Contract For The Sale Or Use Of Trust Assets, Will We Accept Those Trust Funds For Deposit Into A Tribal Trust Account?

25 C.F.R. § 115.805

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If a contract for the sale or use of trust assets specifies that payments are to be made directly to a tribe, we will not accept these trust funds into a tribal trust account. Where a tribe under 25 U.S.C. 450f et seq. has contracted or compacted with the federal government to operate a federal program and the tribe, operating the federal program on behalf of the Secretary, receives trust funds for the sale or use of trust assets pursuant to a contract that specifies that payments are to be made to the Secretary on behalf of a tribe or an individual [the owner of the trust assets], the tribe must follow § 115.708 for the deposit of the trust funds into the trust account.

25 C.F.R. § 115.804 25 C.F.R. § 115.806

Authorizing Statute

Transferred
25 U.S.C. § 450f
Definitions
25 U.S.C. § 4001
Regulations by President
25 U.S.C. § 9
Departmental regulations
5 U.S.C. § 301
Records management by agency heads; general duties
44 U.S.C. § 3101
Deposit of tribal funds in banks; bond or collateral security; investments; collections from irrigation projects; affirmative action required
25 U.S.C. § 162a
Duties of Commissioner
25 U.S.C. § 2
Duties of Secretary
43 U.S.C. § 1457
Restoration to tribal ownership of unclaimed per capita and other individual payments of tribal trust funds; deposit in general fund of the Treasury
25 U.S.C. § 164
Deposit in Treasury of trust funds
25 U.S.C. § 161