If a tribe withdraws money from its trust account for a particular purpose or project, may the tribe redeposit any money that was not used for its intended purpose?
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
A tribe may redeposit funds not used for a particular purpose or project if:
(a) The funds were withdrawn in accordance with:
(1) The terms of Trust Reform Act;
(2) The terms of the legislative settlement; or
(3) The terms of a judgment use and distribution plan; and
(b) The tribe can provide documentation showing the source of the funds to be redeposited.
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.