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Code of Federal Regulations Title 25. Indians § 25.115.617 What happens when the BIA decides to supervise or encumber your IIM account after your hearing?

Current as of October 02, 2022 | Updated by FindLaw Staff

BIA will provide OTFM with a copy of the distribution plan, after the BIA decides to:

(a) Supervise your IIM account. BIA social services staff will consult with you and/or your guardian to develop a distribution plan. Upon BIA approval, the distribution plan will be valid for one year.

(b) Encumber your IIM account. BIA will review your account balance and your future IIM income to develop a distribution plan that establishes the amount(s) to be paid and the dates payment(s) will be made to the specified party. Payments may need to be made over the course of one or more years if the amount owed to the specified party is greater than your current IIM account balance.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.115.617 What happens when the BIA decides to supervise or encumber your IIM account after your hearing? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-115-617/

Read this complete Code of Federal Regulations Title 25. Indians § 25.115.617 What happens when the BIA decides to supervise or encumber your IIM account after your hearing? on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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