Regulations governing the handling of minors' shares of judgment funds awarded to Indian tribes and distributed on a per capita basis are being published in the Federal Register, it was announced by the Bureau of Indian Affairs today.
The regulations establish certain restrictions and requirements designed to preserve and protect the per capita shares of minors and other legally incompetent persons as mandated in the Indian Judgment Funds Act of 1973.
Comments from interested parties on the regulations generally were opposed to any restrictions except those imposed by parents, guardians or tribal governing bodies.
The regulations will become effective 30 days after publication.
