§ 1000.1715. What is "imminent jeopardy" to a trust asset?
60 words·~1 min read·
/us/cfr/t25/s§ 1000.1715·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Imminent jeopardy means an immediate threat and likelihood of significant devaluation, degradation, damage, or loss of a trust asset, or the intended benefit from the asset caused by the actions or inactions of a Tribe/Consortium in performing trust functions. This includes disregarding Federal trust standards and/or Federal law while performing trust functions if the disregard creates such an immediate threat.