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Code of Federal Regulations Title 25. Indians § 25.115.426 What is the BIA's responsibility regarding the management of a minor's supervised account?

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

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.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.115.426 What is the BIA's responsibility regarding the management of a minor's supervised account? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-115-426/

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