The Secretary is authorized to award grants to Indian tribes for the purpose of developing and implementing plans for the investment of Indian tribal trust funds.
The purposes for which funds provided under this section may be used include (but are not limited to)—
(1) the training and education of employees responsible for monitoring the investment of trust funds;
(2) the building of tribal capacity for the investment and management of trust funds;
(3) the development of a comprehensive tribal investment plan;
(4) the implementation and management of tribal trust fund investment plans; and
(5) such other purposes related to this subchapter that the Secretary deems appropriate.
(Pub. L. 103–412, title II, §205, Oct. 25, 1994, 108 Stat. 4243.)
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Last modified: October 26, 2015