CFR > Title 25 - Indians > CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR > SUBCHAPTER G—FINANCIAL ACTIVITIES (parts 101 to 143) > PART 115—TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS > SUBPART C—IIM Accounts: Minors (§115.400 to §115.431) > 115.426—What is the BIA's responsibility regarding the management of a minor's supervised account?

115.426—What is the BIA's responsibility regarding the management of a minor's supervised account?

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.