25 C.F.R. § 179.201 – How does the Secretary distribute principal and income to the holder of a life estate without regard to waste? | Midpage
§ 179.201
25 C.F.R. § 179.201
How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?
Effective Dec 12, 2016
The Secretary must distribute all income, including bonuses and royalties, to the life estate holder to the exclusion of any holders of remainder interests.