§ 162.227. What form of rent payment can be accepted under an agricultural lease?
75 words·~1 min read·
/us/cfr/t25/s§ 162.227·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)When rent payments are made directly to the Indian landowners, the form of payment must be acceptable to the Indian landowners.
(b)Payments made to us may be delivered in person or by mail. We will not accept cash, foreign currency, or third-party checks. We will accept:
(1)Personal or business checks drawn on the account of the tenant;
(2)Money orders;
(3)Cashier's checks;
(4)Certified checks; or
(5)Electronic funds transfer payments.