---
kind: "section"
citation: "43 C.F.R. § 30.271"
title: "43"
number: "30.271"
heading: "How must the tribe pay for the interests it purchases?"
url: "https://uscodex.org/cfr/43/30.271"
---

# §30.271. How must the tribe pay for the interests it purchases?

- (a) A tribe must pay the full fair market value of the interests purchased, as set forth in the appraisal or other valuation report, or as determined after hearing under [§ 30.268](/cfr/43/30.268.md), whichever is applicable.
- (b) Payment must be made within 2 years from the date of decedent's death or within 1 year from the date of notice of purchase, whichever is later.

## Notes

### Authority

Authority: 5 U.S.C. 301, 503; 25 U.S.C. 9, 372-74, 410, 2201 et seq.; 43 U.S.C. 1201, 1457.

### Source

Source: 73 FR 67289, Nov. 13, 2008, unless otherwise noted.