[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: 25CFR87.11]

[Page 275-276]
 
                            TITLE 25--INDIANS
 
     CHAPTER I--BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
 
PART 87--USE OR DISTRIBUTION OF INDIAN JUDGMENT FUNDS--Table of Contents
 
Sec. 87.11  Investment of judgment funds.

    As soon as possible after the appropriation of judgment funds and 
pending approval of a plan or the enactment of

[[Page 276]]

legislation authorizing the use or distribution of the funds, the 
Commissioner shall invest such funds pursuant to 25 U.S.C. 162a. 
Investments of judgment funds and of investment income therefrom will 
continue to be made by the Commissioner after the approval of a plan or 
enactment of use or distribution legislation to the extent funds remain 
available for investment under such plan or legislation, and provided 
that thereafter investments of judgment funds made available for tribal 
use are not undertaken by the tribe pursuant to authorizing law. 
Invested judgment funds, including investment income therefrom, shall be 
withdrawn from investment only as currently needed under approved plans 
or legislation authorizing the use or distribution of such funds.