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Code · STATUTE-COMPILATIONS · Indian Trust Asset Reform Act · Sec. 203

Sec. 203. ESTABLISHMENT OF DEMONSTRATION PROJECT; SELECTION OF PARTICIPATING INDIAN TRIBES

310 words·~1 min read·/statute-compilations/comps-12083/sec-203

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## SEC. 203 ESTABLISHMENT OF DEMONSTRATION PROJECT; SELECTION OF PARTICIPATING INDIAN TRIBES **[**[25 U.S.C. 5612](/us/usc/t25/s5612)**]** ###
(a)In General The Secretary shall establish and carry out an Indian trust asset management demonstration project, in accordance with this title. ###
(b)Selection of Participating Indian Tribes ####
(1)In General An Indian tribe shall be eligible to participate in the project if— #####
(A)the Indian tribe submits to the Secretary an application under subsection (c); and #####
(B)the Secretary approves the application of the Indian tribe. ####
(2)Notice #####
(A)In general The Secretary shall provide a written notice to each Indian tribe approved to participate in the project. #####
(B)Contents A notice under subparagraph
(A)shall include— ######
(i)a statement that the application of the Indian tribe has been approved by the Secretary; and ######
(ii)a requirement that the Indian tribe shall submit to the Secretary a proposed Indian trust asset management plan in accordance with section 204. ###
(c)Application ####
(1)In general To be eligible to participate in the project, an Indian tribe shall submit to the Secretary a written application in accordance with paragraph (2). ####
(2)Requirements The Secretary shall consider an application under this subsection only if the application— #####
(A)includes a copy of a resolution or other appropriate action by the governing body of the Indian tribe, as determined by the Secretary, in support of or authorizing the application; #####
(B)is received by the Secretary after the date of enactment of this Act; and #####
(C)states that the Indian tribe is requesting to participate in the project. ###
(d)Duration The project— ####
(1)shall remain in effect for a period of 10 years after the date of enactment of this Act; but ####
(2)may be extended at the discretion of the Secretary.
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Sec. 203
ESTABLISHMENT OF DEMONSTRATION PROJECT; SELECTION OF PARTICIPATING INDIAN TRIBES
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