Regulations last checked for updates: Oct 18, 2024

Title 25 - Indians last revised: Mar 22, 2024
§ 1000.399 - How may interest or investment income that accrues on AFAs be used?

Unless restricted by the AFA, interest or income earned on investments or deposits of self-governance awards may be:

(a) Placed in the Tribe's general fund and used for any purpose approved by the Tribe; or

(b) Used to provide expanded services under the self-governance AFA and to support some or all of the costs of investment services.

authority: 25 U.S.C. 458aa-gg.
source: 65 FR 78703, Dec. 15, 2000, unless otherwise noted.
cite as: 25 CFR 1000.399