25 C.F.R. § 115.820   May OTFM transfer money in a returned per capita account to a tribal account?


Title 25 - Indians


Title 25: Indians
PART 115—TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
Subpart G—Tribal Accounts
Unclaimed Per Capita Funds

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§ 115.820   May OTFM transfer money in a returned per capita account to a tribal account?

Funds in a returned per capita account will not automatically be returned to a tribe. However, a tribe may apply under 25 U.S.C. 164 and Public Law 87–283, 75 Stat. 584 (1961), to have the unclaimed per capita funds transferred to its account for the tribe's use after six years have passed from the date of distribution.

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