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TUESDAY, MAY 27, 2003

Some tribal leaders are wary of a request to put the Individual Indian Money (IIM) trust into receivership, worried that it could lead to an erosion of their sovereignty.

Under the 1994 American Indian Trust Reform Act, tribes can voluntarily take their trust funds out of the Department of Interior. Tribes can ask private financial institutions to manage the money.

Individual Indian fund can't be removed from government control. A receiver would operate under the supervision of a federal judge.

Get the Story:
Trust suit splits Indians (The Denver Post 5/27)

Relevant Links:
Indian Trust: Cobell v. Norton - http://www.indiantrust.com
Cobell v. Norton, Department of Justice - http://www.usdoj.gov/civil/cases/cobell/index.htm
Indian Trust, Department of Interior - http://www.doi.gov/indiantrust

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Appeals court halts work of trust fund master (04/25)
DOJ seeks to limit payment for court officials (03/21)
Spending bill keeps provisions affecting Cobell (02/14)
Norton again refuses to pay court official (02/03)
Lamberth tempted by disqualification campaign (01/21)
Judge rejects campaign against trust oversight (10/01)
House clears DOI budget bill (7/18)
Rahall statement on trust fund (7/18)
House vote a victory on trust fund (7/18)
Debate rages on Interior bill (7/17)
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