25 CFR 162.554
§ 162.554 What form of monetary compensation payment is acceptable under a WSR lease?
United States · 25 CFR — Indians · Status: effective
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- Citation
- 25 CFR 162.554, § 162.554 What form of monetary compensation payment is acceptable under a WSR lease?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/105652
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Full text
(a) When payments are made directly to Indian landowners, the form of payment must be acceptable to the Indian landowners.
(b) When payments are made to us, our preferred method of payment is electronic funds transfer payments. We will also accept:
(1) Money orders;
(2) Personal checks;
(3) Certified checks; or
(4) Cashier's checks.
(c) We will not accept cash or foreign currency.
(d) We will accept third-party checks only from financial institutions or Federal agencies.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.