25 CFR 179.201
§ 179.201 How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?
United States · 25 CFR — Indians · Status: effective
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- Citation
- 25 CFR 179.201, § 179.201 How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/106346
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Full text
The Secretary must distribute all income, including bonuses and royalties, to the life estate holder to the exclusion of any holders of remainder interests.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.