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

Code of Federal Regulations - Title 25: Indians

Updated to: April 01, 2011

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Title 25: Indians

CHAPTER I: BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR

SUBCHAPTER H: LAND AND WATER

PART 179: LIFE ESTATES AND FUTURE INTERESTS

Subpart C: Life Estates Created Under AIPRA

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.