Delaware Tribe debates change in trust fund management

Tuesday, September 18, 2012  

The Delaware Tribe of Oklahoma is considering changes in how its manages its trust fund, The Native Times reports.

The tribe withdrew its money from the Interior Department and placed it in an interest-bearing account in a private bank. The money has mostly sat untouched although some was used while the tribe fought to regain federal recognition.

Tribal members are now being asked to approve a ballot question that creates a five-member commission to oversee the trust. The goal appears to be to separate the tribal council from making decisions about the money.

Get the Story:
Delaware Tribe considers new management of trust accounts (The Native Times 9/17)