[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: 25CFR15.307]

[Page 71]
 
                            TITLE 25--INDIANS
 
     CHAPTER I--BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
 
PART 15--PROBATE OF INDIAN ESTATES, EXCEPT FOR MEMBERS OF THE FIVE CIVILIZED TRIBES--Table of Contents
 
         Subpart D--Probate Processing, Claims and Distributions
 
Sec. 15.307  What if there is not enough money in the decedent's IIM account to pay all claims?

    (a) If there is not enough money in the IIM account to pay all 
claims, the BIA deciding official will order payment of the priority 
claims first in the order identified in Sec. 15.305.
    (b) If there is not enough in the IIM account to pay the priority 
claims, the BIA deciding official may order payment of the priority 
claims on a pro rata (reduced) basis.
    (c) If less than $1,000 remains in the IIM account after payment of 
priority claims is ordered, the general claims may be ordered paid on a 
pro rata basis or disallowed in their entirety.