§ 4046. — Advisory board.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC4046]
TITLE 25--INDIANS
CHAPTER 42--AMERICAN INDIAN TRUST FUND MANAGEMENT REFORM
SUBCHAPTER III--SPECIAL TRUSTEE FOR AMERICAN INDIANS
Sec. 4046. Advisory board
(a) Establishment and membership
Notwithstanding any other provision of law, the Special Trustee
shall establish an advisory board to provide advice on all matters
within the jurisdiction of the Special Trustee. The advisory board shall
consist of nine members, appointed by the Special Trustee after
consultation with Indian tribes and appropriate Indian organizations, of
which--
(1) five members shall represent trust fund account holders,
including both tribal and Individual Indian Money accounts;
(2) two members shall have practical experience in trust fund
and financial management;
(3) one member shall have practical experience in fiduciary
investment management; and
(4) one member, from academia, shall have knowledge of general
management of large organizations.
(b) Term
Each member shall serve a term of two years.
(c) FACA
The advisory board shall not be subject to the Federal Advisory
Committee Act.
(d) Termination
The advisory board shall terminate upon termination of the Office of
Special Trustee.
(Pub. L. 103-412, title III, Sec. 306, Oct. 25, 1994, 108 Stat. 4249;
Pub. L. 104-109, Sec. 6(b), Feb. 12, 1996, 110 Stat. 764.)
References in Text
The Federal Advisory Committee Act, referred to in subsec. (c), is
Pub. L. 92-463, Oct. 6, 1972, 86 Stat. 770, as amended, which is set out
in the Appendix to Title 5, Government Organization and Employees.
Amendments
1996--Subsec. (d). Pub. L. 104-109 substituted ``advisory board''
for ``Advisory Board''.
