CFR > Title 25 - Indians > CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR > SUBCHAPTER H—LAND AND WATER (parts 150 to 183) > PART 179—LIFE ESTATES AND FUTURE INTERESTS > SUBPART C—Life Estates Created Under AIPRA (§179.201 to §179.202) > 179.201—How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?

179.201—How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?

The Secretary must distribute all income, including bonuses and royalties, to the life estate holder to the exclusion of any holders of remainder interests.