2011 US Code
Title 25 - Indians
Chapter 42 - AMERICAN INDIAN TRUST FUND MANAGEMENT REFORM (§§ 4001 - 4061)
Subchapter III - SPECIAL TRUSTEE FOR AMERICAN INDIANS (§§ 4041 - 4046)
Section 4046 - Advisory board

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.

Each member shall serve a term of two years.

The advisory board shall not be subject to the Federal Advisory Committee Act.

The advisory board shall terminate upon termination of the Office of Special Trustee.

(Pub. L. 103–412, title III, §306, Oct. 25, 1994, 108 Stat. 4249; Pub. L. 104–109, §6(b), Feb. 12, 1996, 110 Stat. 764.)

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.

1996—Subsec. (d). Pub. L. 104–109 substituted “advisory board” for “Advisory Board”.

Pub. L. 108–7, div. F, title I, §133, Feb. 20, 2003, 117 Stat. 243, provided that: “Within 90 days of enactment of this Act [Feb. 20, 2003] the Special Trustee for American Indians, in consultation with the Secretary of the Interior and the Tribes, shall appoint new members to the Special Trustee Advisory Board.”