25 CFR 41.47
§ 41.47 Are Tribal colleges or universities eligible for endowments?
United States · 25 CFR — Indians · Status: effective
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- Citation
- 25 CFR 41.47, § 41.47 Are Tribal colleges or universities eligible for endowments?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/104378
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Full text
Yes. Tribal colleges and universities are eligible for endowments under a signed agreement between the Tribal college and university and the Secretary as described in 25 U.S.C. 1832. Endowments must be invested in a trust fund and the Tribal college or university may only use the interest deposited for the purpose of defraying expenses associated with the operation of the Tribal college or university (25 U.S.C. 1833).
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.