Under what conditions may a tribe redeposit funds with OTFM that were previously withdrawn under the Trust Reform Act?
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
Tribal trust funds withdrawn under the Trust Reform Act may be returned to OTFM under the following conditions:
(a) A tribe must make a written request to OTFM to redeposit all or part of the withdrawn trust funds;
(b) No tribal trust funds may be redeposited to a tribal trust account during the first six months after being withdrawn, except with the approval of the Secretary;
(c) Tribal trust funds may only be returned to OTFM a maximum of twice a year, except with the approval of the Secretary; and
(d) A tribe must return withdrawn trust funds in accordance with the requirements of the Trust Reform Act in 25 CFR, part 1200, subpart C.
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.