Current through November 30, 2024
Section 115.426 - What is the BIA's responsibility regarding the management of a minor's supervised account?The BIA's responsibility in regard to the management of a minor's supervised account is to:
(a) Review and approve the evaluation and the distribution plan;(b) Authorize OTFM to disburse IIM funds in accordance with an approved distribution plan; and(c) Conduct annual reviews of case records for minors' supervised accounts to ensure that the social service providers have managed the accounts in accordance with the approved evaluation and distribution plan.