1. Regulations
  2. title 25
  3. chapter I
  4. part 115
  5. subpart F
  6. subjgrp 90
  7. § 115.713

View all text of Subjgrp 90 [§ 115.710 - § 115.713]

§ 115.713 - When does money in a trust account start earning interest?

Funds must remain on deposit at least one business day before interest is earned. Interest earnings of less than one cent are not credited to any account.

AUTHORITY: R.S. 441, as amended, R.S. 463, R.S. 465; 5 U.S.C. 301; 25 U.S.C. 2; 25 U.S.C. 9; 43 U.S.C. 1457; 25 U.S.C. 4001; 25 U.S.C. 161(a); 25 U.S.C. 162a; 25 U.S.C. 164; Pub. L. 87-283; Pub. L. 97-100; Pub. L. 97-257; Pub. L. 103-412; Pub. L. 97-458; 44 U.S.C. 3101

SOURCE: 66 FR 7094, Jan. 22, 2001, unless otherwise noted.

CITE AS: 25 CFR 115.713