Statutes, codes, and regulations
Code of Federal Regulations
Title 25 - INDIANSChapter I - BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIORSubchapter G - FINANCIAL ACTIVITIESPart 115 - TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
Subpart F - TRUST FUND ACCOUNTS: GENERAL INFORMATION
Section 115.707 - Will the Secretary accept administrative fees for deposit into a trust account?

25 C.F.R. § 115.707

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Current through July 31, 2024
Section 115.707 - Will the Secretary accept administrative fees for deposit into a trust account?

No. The Secretary will not accept administrative fees for deposit into a trust account because administrative fees are not trust funds. However, administrative fees may be deposited into a non-interest bearing, non-trust account with the BIA.

25 C.F.R. § 115.707