25 CFR 48.112 - How are lease payments processed?

Regulations last checked for updates: Nov 24, 2024

Title 25 - Indians last revised: Mar 22, 2024

View all text of Subpart B [§ 48.101 - § 48.119]

§ 48.112 - How are lease payments processed?

The Bureau will deposit all funds received as lease consideration or late payment charge into the designated Treasury account. Once the Bureau deposits the funds, the Bureau will work with the Bureau-operated school to make the funds available for school purposes.

authority: 5 U.S.C. 301; 25 U.S.C. 2,9; Pub. L. 112-74; Pub. L. 113-235; Pub. L. 114-113

source: 86 FR 34947, July 1, 2021, unless otherwise noted.

cite as: 25 CFR 48.112