§183.4. How can the Tribe use the principal and income from the Trust Fund?
25 C.F.R. § 183.4
The Tribe may use the principal and income from the Trust Fund in the following ways:
To put to beneficial use the water entitlement provided to the Tribe in the Settlement Act;
To defray the cost to the Tribe of CAP operation, maintenance, and replacement charges;
For economic development purposes; provided, however, that principal may only be used for long-term economic development projects and income may be used for other economic and community development purposes; and
For Administrative Costs reasonably related to the above uses.
Notes, amendments, and revision history
Authority
Authority: Pub. L. 102-575, 106 Stat. 4740 et seq.
Source
Source: 66 FR 21088, Apr. 27, 2001, unless otherwise noted.