What is the BIA's responsibility regarding the management of a minor's supervised account?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
The BIA's responsibility in regard to the management of a minor's supervised account is to:
(a) Review and approve the evaluation and the distribution plan;
(b) Authorize OTFM to disburse IIM funds in accordance with an approved distribution plan; and
(c) Conduct annual reviews of case records for minors' supervised accounts to ensure that the social service providers have managed the accounts in accordance with the approved evaluation and distribution plan.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.