---
kind: "section"
citation: "25 C.F.R. § 115.809"
title: "25"
number: "115.809"
heading: "May a tribe recommend to OTFM how to invest the tribe's trust funds?"
url: "https://uscodex.org/cfr/25/115.809"
---

# §115.809. May a tribe recommend to OTFM how to invest the tribe's trust funds?


Tribes may recommend certain investments to OTFM, but the recommendations must be in accordance with the statutory requirements set forth in 25 U.S.C. §§ [161a](/usc/25/161a.md) and [162a](/usc/25/162a.md). The OTFM will make the final investment decision based on prudent investment practices.


## Notes

### Authority

Authority: R.S. 441, as amended, R.S. 463, R.S. 465; 5 U.S.C. 301; 25 U.S.C. 2; 25 U.S.C. 9; 43 U.S.C. 1457; 25 U.S.C. 4001; 25 U.S.C. 161(a); 25 U.S.C. 162a; 25 U.S.C. 164; Pub. L. 87-283; Pub. L. 97-100; Pub. L. 97-257; Pub. L. 103-412; Pub. L. 97-458; 44 U.S.C. 3101 et seq.

### Source

Source: 66 FR 7094, Jan. 22, 2001, unless otherwise noted.