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§1000.1955. What are the consequences of a finding of imminent jeopardy in the Secretary's annual trust evaluation?

25 C.F.R. § 1000.1955

(a)
A finding of imminent jeopardy to a trust asset, natural resource, or public health and safety that is caused by an act or omission of the Tribe/Consortium and that arises out of a failure by the Tribe/Consortium to carry out the compact or funding agreement, triggers the Federal reassumption process (see subpart M of this part), unless the conditions in paragraph (b) of this section are met.
(b)
The reassumption process will not be triggered if the Secretary's designated representative determines that the Tribe/Consortium:
(1)
Can cure the conditions causing jeopardy within 60 days; and
(2)
Will not cause significant loss, harm, or devaluation of a trust asset, natural resources, or the public health and safety.
Notes, amendments, and revision history

Authority

Authority: 25 U.S.C. 5373

Source

Source: 89 FR 100245, Dec. 11, 2024, unless otherwise noted.