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Current as of October 02, 2022 | Updated by FindLaw Staff
The Tribe may use the principal and income from the Trust Fund in the following ways:
(a) To put to beneficial use the water entitlement provided to the Tribe in the Settlement Act;
(b) To defray the cost to the Tribe of CAP operation, maintenance, and replacement charges;
(c) For economic development purposes; provided, however, that principal may only be used for long-term economic development projects and income may be used for other economic and community development purposes; and
(d) For Administrative Costs reasonably related to the above uses.
Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.183.4 How can the Tribe use the principal and income from the Trust Fund? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-183-4/
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