25 C.F.R. § 115.809   May a tribe recommend to OTFM how to invest the tribe's trust funds?


Title 25 - Indians


Title 25: Indians
PART 115—TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
Subpart G—Tribal Accounts
Investing and Managing Tribal Trust Funds

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§ 115.809   May a tribe recommend to OTFM how to invest the tribe's trust funds?

Tribes may recommend certain investments to OTFM, but the recommendations must be in accordance with the statutory requirements set forth in 25 U.S.C. §§161a and 162a. The OTFM will make the final investment decision based on prudent investment practices.

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