Current through October 31, 2024
Section 224.154 - What must a notice of intent to reassume include?A notice of intent to reassume must include:
(a) A statement of the reasons for the intended reassumption, including, as applicable, a copy of the Secretary's written finding of imminent jeopardy to a physical trust asset;(b) A description of specific measures that the Tribe must take to correct the violation and any condition that caused the imminent jeopardy to a physical trust asset;(c) The time period within which the Tribe must take the measures to correct the violation of the TERA and any condition that caused the imminent jeopardy to a physical trust asset; and(d) The effective date of the reassumption, if the Tribe does not meet the requirements in paragraphs (b) and (c) of this section.