[Code of Federal Regulations]
[Title 25, Volume 1]
[Revised as of April 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 25CFR121.9]

[Page 376]
 
                            TITLE 25--INDIANS
 
     CHAPTER I--BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
 
PART 121--DISTRIBUTION OF JUDGMENT FUNDS AWARDED TO THE OSAGE TRIBE OF INDIANS IN OKLAHOMA--Table of Contents
 
Sec. 121.9  Disbursement of distributed shares.

    When an Order of Distribution, either as issued or as amended by 
decision on appeal, has become final, the Superintendent shall either 
disburse to distributees the amounts distributed to them or deposit such 
amounts to appropriate accounts, in accordance with the following 
guidelines:
    (a) When the amount distributed to any heir is less than $20, the 
amount shall be segregated in a special account for that heir until all 
Orders of Distribution have become final, at which time the sum of all 
amounts thus segregated to such account shall be disbursed or 
redeposited as provided in paragraphs (b), (c), (d) and (e) of this 
section, if such sum equals or exceeds $20. When such sum is less than 
$20, such sum in each of such accounts, and all unclaimed shares, and 
all amounts awarded to distributees which remain unclaimed for 6 months 
after the Order of Distribution has become final, shall, subsequent to 
April 27, 1974, be deposited to the account of the Osage Tribe as sums 
which have reverted to it.
    (b) Living allottees having certificates of competency shall have 
their distributions disbursed directly to them.
    (c) Living allottees not having certificates of competency shall 
have their distributions deposited to their accounts, subject to 
withdrawal by them at their request.
    (d) Heirs of Osage Indian blood who are at least 18 years of age and 
are not under guardianship shall have their distributions disbursed 
directly to them.
    (e) Heirs of Osage Indian blood who are under guardianship shall 
have their distributions deposited to their accounts, subject to 
disbursement to the distributees or their guardians or other persons on 
their behalf on such terms and conditions as the Superintendent shall 
consider to be in their best interests during their legal disability, 
after which the remaining portion shall be disbursed to such 
distributees.
    (f) Heirs of Osage Indian blood who are under 18 years of age shall 
have their distributions deposited to their accounts, with the funds 
represented by such deposits invested at favorable rates of return for 
prudent investments, to be disbursed with earnings thereon only when the 
respective distributees for whom they are held shall attain the age of 
18 years.

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