507 Fund Authorization in General

507 Fund Authorization in General

ยง 507 Fund Authorization in General 
Whenever resources are received by the Tribe for a special purpose for which the Tribe has not previously authorized a separate fund, but for which a separate fund is necessary, the Comptroller shall, in consultation with the Tribal Administrator, establish a fund for the purpose of accounting for such resources until such time as the Tribal Council adopts a title (or policy statement to be adopted by resolution) formally establishing a new fund to account for such resources. The Tribal Administrator shall provide direction for such temporary fund and shall submit a draft title (or policy statement to be adopted by resolution) to the Tribal Council, provided that:

A. Organizational charters for subordinate organizations shall be considered fund authorizations for the purposes of this Title, and

B. Agency funds shall not require fund authorizing titles but shall be established whenever the San Juan Southern Paiute Tribe acts as an agent for the funds of any third party.  

[Legislative History: Enacted by Resolution No. 2018-76, 10/19/2018] 

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