Trust or Restricted Status definition

Trust or Restricted Status means that the United States holds title to the tract in trust for the benefit of the Tribe, or that the Tribe holds title to the tract, but can alienate or encumber it only with the approval of the United States because of limitations in the conveyance instrument under Federal law or limitations in Federal law.
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Trust or Restricted Status means that (1) the United States holds title to the tract in trust for the benefit of the Pueblo; or (2) the Pueblo holds legal title to the tract but can alienate
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Examples of Trust or Restricted Status in a sentence

  • The Department is not yet finalizing 25 CFR part 150, Indian Land Title of Record, or 25 CFR 152, Conveyances of Trust or Restricted Indian Land, Removal of Trust or Restricted Status; however, the remaining proposed regulations, 25 CFR parts 15, 18, and 179, and 43 CFR parts 4 and 30 are being finalized today.Together, these amendments form an integrated approach to Indian trust management related to probates that allow the Department to better meet the needs of its beneficiaries.

  • Pueblo Land” means any tract of land, except Individually Owned Land, in which the Pueblo owns the surface estate in Trust or Restricted Status, and includes such land reserved for BIA administrative purposes; and includes the surface estate of land held by the United States in trust for an Indian corporation chartered under section 17 of the Act of June 18, 1934 (48 Stat.

  • Appendix to Chapter I—Extension of Trust or Restricted Status of certain Indian Lands [Amended]The Appendix to 25 CFR Chapter I is amended as follows:1.

Related to Trust or Restricted Status

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.

  • Restricted Security has the meaning assigned to such term in Rule 144(a)(3) under the Securities Act; provided, however, that the Trustee shall be entitled to receive, at its request, and conclusively rely on an Opinion of Counsel with respect to whether any Note constitutes a Restricted Security.

  • Investment Grade Securities means: