Quarterly payment

Quarterly payment means the payment of not to exceed $1,000 which is made each fiscal quarter to or on behalf of an adult Indian, from the following sources:
(1) The pro rata distribution of tribal mineral income and other tribal revenues.
(2) The interest on segregated trust funds.
(3) Surplus funds in addition to the income from the foregoing sources in the amount necessary to aggregate $1,000 when the income from those sources is less than $1,000 and the Indian has a balance of accumulated surplus funds in excess of $10,000.

Source

25 CFR § 117.1

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Scoping language

When used in the regulations in this part the following words or terms shall have the meaning shown below:

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