South Dakota could see $115M from 1st round of Cobell payout
Monday, December 3, 2012
Filed Under:
Cobell
More on: south dakota
Indian beneficiaries in South Dakota could see between $105 million and $115 million from the first round of the
Cobell trust fund settlement, an attorney said.
Checks of $1,000 will be mailed after the $3.4 billion settlement is transferred to the court-approved bank.
That's expected before the end of the month.
Nationwide, 350,000 Indian beneficiaries are slated to receive the $1,000 payment to settle historical accounting claims.
A second round of payments, to cover trust administration, will come at a later date.
Get the Story:
Indian lawsuit money paid out soon
(The Sioux Falls Argus Leader 12/2)
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