25 C.F.R. § 115.415

How will an authorized disbursement from a minor's supervised account be sent?

Last amended: 2016Year: 2025Length: 81 wordsSubsections: 3Official source

Cite as 25 C.F.R. § 115.415 (2025)

OTFM will make an authorized disbursement based on the approved distribution plan from a minor's supervised account by: (a) Making a direct deposit to a specified account at a financial institution (a direct deposit into the specified account will eliminate lost, stolen or damaged checks and will also eliminate delays associated with mailing the check); (b) Mailing a check to the address of record or to a specified disbursement address; or (c) Mailing a check to a specified third party's address.
25 C.F.R. § 115.415: How will an authorized disbursement from a minor's supervised account be sent? | Justis AI