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Code of Federal Regulations Title 25. Indians § 25.115.415 How will an authorized disbursement from a minor's supervised account be sent?

Current as of January 02, 2025 | Updated by Findlaw Staff

OTFM will make an authorized disbursement based on the approved distribution plan from a minor's supervised account by:

(a) Making a direct deposit to a specified account at a financial institution (a direct deposit into the specified account will eliminate lost, stolen or damaged checks and will also eliminate delays associated with mailing the check);

(b) Mailing a check to the address of record or to a specified disbursement address;  or

(c) Mailing a check to a specified third party's address.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.115.415 How will an authorized disbursement from a minor's supervised account be sent? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-115-415/

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