25 CFR § 111.4 - Election of shareholders.

---
identifier: "/us/cfr/t25/s111.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "25 CFR § 111.4 - Election of shareholders."
title_number: 25
title_name: "Indians"
section_number: "111.4"
section_name: "Election of shareholders."
chapter_name: "BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR"
subchapter_number: "G"
subchapter_name: "FINANCIAL ACTIVITIES"
part_number: "111"
part_name: "ANNUITY AND OTHER PER CAPITA PAYMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301."
regulatory_source: "22 FR 10549, Dec. 24, 1957, unless otherwise noted. Redesignated at 47 FR 13327, Mar. 30, 1982."
cfr_part: "111"
---


# 111.4 Election of shareholders.

An Indian holding equal rights in two or more tribes can share in payments to only one of them and will be required to elect with which tribe he wishes to be enrolled and to relinquish in writing his claims to payments to the other. In the case of a minor the election will be made by the parent or guardian.