25 CFR § 900.72 - Who is the guardian of the fund and may the funds be invested?

---
identifier: "/us/cfr/t25/s900.72"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "25 CFR § 900.72 - Who is the guardian of the fund and may the funds be invested?"
title_number: 25
title_name: "Indians"
section_number: "900.72"
section_name: "Who is the guardian of the fund and may the funds be invested?"
chapter_name: "BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR, AND INDIAN HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN SERVICES"
part_number: "900"
part_name: "CONTRACTS UNDER THE INDIAN SELF-DETERMINATION AND EDUCATION ASSISTANCE ACT"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "25 U.S.C. 450f"
regulatory_source: "61 FR 32501, June 24, 1996, unless otherwise noted."
cfr_part: "900"
---


# 900.72 Who is the guardian of the fund and may the funds be invested?

(a) The Indian tribe or tribal organization is the guardian of the fund.

(b) Funds may be invested in accordance with the laws, regulations and policies of the Indian tribe or tribal organization subject to the terms of the lease or the self-determination contract.