25 U.S.C. § 5612 — Establishment of demonstration project; selection of participating Indian tribes

(a) In general. The Secretary^* shall establish and operate an Indian trust asset management demonstration project^* under this subchapter. (b) Selection of participating Indian tribes. (1) In general. An Indian tribe^* may participate if—(A) it submits an application under subsection (c); and (B) the Secretary approves its application. (2) Notice. (A) In general. The Secretary shall give each approved Indian tribe written notice. (B) Contents. The notice must include—(i) a statement that the Secretary approved the tribe’s application; and (ii) a requirement that the tribe submit a proposed Indian trust asset management plan under section 5613 of this title. (c) Application. (1) In general. To be eligible, an Indian tribe shall submit a written application to the Secretary as described in paragraph (2). (2) Requirements. The Secretary shall consider the application only if it—(A) includes a copy of a resolution or other appropriate action by the tribe’s governing body, as determined by the Secretary, that supports or authorizes the application; (B) is received by the Secretary after June 22, 2016; and (C) states that the tribe requests to participate in the project. (d) Duration. (1) The project remains in effect for 10 years after June 22, 2016. (2) The Secretary may extend the project at the Secretary’s discretion.