1. Regulations
  2. title 25
  3. chapter I
  4. part 179
  5. subpart C
  6. § 179.201

View all text of Subpart C [§ 179.201 - § 179.202]

§ 179.201 - How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?

The Secretary must distribute all income, including bonuses and royalties, to the life estate holder to the exclusion of any holders of remainder interests.

AUTHORITY: 86 Stat. 530; 86 Stat. 744; 94 Stat. 537; 96 Stat. 2515; 25 U.S.C. 2, 9, 372, 373, 487, 607, and 2201

SOURCE: 73 FR 67286, Nov. 13, 2008, unless otherwise noted.

CITE AS: 25 CFR 179.201