Current through November 30, 2024
Section 183.4 - How can the Tribe use the principal and income from the Trust Fund?The Tribe may use the principal and income from the Trust Fund in the following ways:
(a) To put to beneficial use the water entitlement provided to the Tribe in the Settlement Act;(b) To defray the cost to the Tribe of CAP operation, maintenance, and replacement charges;(c) For economic development purposes; provided, however, that principal may only be used for long-term economic development projects and income may be used for other economic and community development purposes; and(d) For Administrative Costs reasonably related to the above uses.