---
kind: "section"
citation: "42 C.F.R. § 137.21"
title: "42"
number: "137.21"
heading: "How does an Indian Tribe demonstrate financial stability and financial management capacity?"
url: "https://uscodex.org/cfr/42/137.21"
---

# §137.21. How does an Indian Tribe demonstrate financial stability and financial management capacity?


The Indian Tribe provides evidence that, for the three years prior to participation in self-governance, the Indian Tribe has had no uncorrected significant and material audit exceptions in the required annual audit of the Indian Tribe's self-determination contracts or self-governance funding agreements with any Federal agency.


## Notes

### Authority

Authority: 25 U.S.C. 458 et seq.

### Source

Source: 67 FR 35342, May 17, 2002, unless otherwise noted.