Code of Federal Regulations · Section
§ 30.147 — What Happens If There Is Not Enough Trust Personalty To Pay All The Claims?
43 C.F.R. § 30.147
View:
If, as of the date of death, there was not enough trust personalty to pay all allowed claims, the judge may order them paid on a pro rata basis. The unpaid balance of any claims will not be enforceable against the estate after the estate is closed.
Authorizing Statute
-
Regulations by President25 U.S.C. § 9
-
Transferred43 U.S.C. § 1201
-
Departmental regulations5 U.S.C. § 301