Page:United States Statutes at Large Volume 107 Part 2.djvu/178

 107 STAT. 1130 PUBLIC LAW 103-116—OCT. 27, 1993 The original principal amount of this Trust Fund shall be determined by the Tribe in consultation with the Secretary; subject to the requirement that upon completion of all payments into the Trust Funds, an amount equal to at least Va of all State, local, and private contributions made pursuant to the Settlement Agreement shall have been paid into the Education Trust Fund. Income from this Trust Fund shall be distributed in a manner consistent with the terms of the Settlement Agreement. The principal of this Trust Fund shall not be invaded or transferred to any other Trust Fund, nor shall it be pledged or encumbered as security. (g) SOCIAL SERVICES AND ELDERLY ASSISTANCE TRUST. —(1) The Secretary shall establish and maintain a Catawba Social Services and Elderly Assistance Trust Fund and, until the Tribe engages an outside firm for investment management of this Trust Fund, the Secretary shall manage, invest, and administer the Social Services and Elderly Assistance Trust Fund. The original principal amount of this Trust Fund shall be determined by the Tribe in consultation with the Secretary. (2) The income of this Tbrust Fund shall be periodically distributed to the Tribe to support social services programs, including (but not limited to) housing, care of elderly, or physically or mentally disabled Members, child care, supplemental health care, education, cultural preservation, burial and cemetery maintenance, and operation of tribal government. (3) The Tribe, in consultation with the Secretary, shall establish eligibility criteria and procedures to carry out this subsection. (h) PER CAPITA PAYMENT TRUST FUND. —(1) The Secretary shall establish and maintain a Catawba Per Capita Payment Trust Fund in an amount equal to 15 percent of the settlement funds paid pursuant to section 5 of the Settlement Agreement. Until the IVibe engages an outside firm for investment management of this Trust Fund, the Secretary shall manage, invest, and administer the Catawba Per Capita Payment Trust Fund. (2) Each person (or their estate) whose name appears on the final base membership roll of the Tribe published by Uie Secretary pursuant to section 7(c) of this Act will receive a one-time, nonrecurring paymentfromthis Trust Fund. (3) The amount payable to each member shall be determined by dividing the trust principal and any accrued interest thereon by the number of Members on the final base membership roll. (4)(A) Subject to the provisions of this paragraph, each enrolled member who has reached the age of 21 years on the date the final roll is published shall receive the payment on the date of distribution, which shall be as soon as practicable after date of publication of the final base membership roll. Adult Members shall be paid their pro rata share of this Trust Fund on the date of distribution unless they elect in writing to leave their pro rata share in the Trust Fund, in which case such share shall not be distributed. (B) The pro rata share of adiilt Members who elect not to withdraw their paymentfiromthis Trust Fund shall be managed, invested and aoministered, together with the fiuids of Members who have not attcdned the age of 21 yeaiB on the date the final base membership roll is published, until such Member requests in writing that their pro rata share be distributed, at which time such Member's pro rata share shall be paid, together with the

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