25 CFR 179.201 - How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 28, 2025

View all text of Subpart C [§ 179.201 - § 179.202]

§ 179.201 - How does the Secretary distribute principal and income to the holder of a life estate without regard to waste?

The Secretary must distribute all income, including bonuses and royalties, to the life estate holder to the exclusion of any holders of remainder interests.