N Individual Indian Money Accounts (IIM)

Treatment of Individual Indian Money (IIM) accounts depends on whether the account is unrestricted or restricted.

If the IIM Account is…	Then the treatment is…
Unrestricted	Any amount that is not specifically excluded under MA705BB is counted.
Restricted	Excluded.

Term	Definition
Individual Indian Money Account (IIM)	Similar to regular bank accounts. Funds in an IIM account may earn interest. The Bureau of Indian Affairs (BIA) area office or agency within the bounds of the tribal nation administers these accounts which are either restricted or unrestricted.
Restricted IIM Account	A restricted account requires BIA authorization for the person to make a withdrawal.
Unrestricted IIM Account	An unrestricted account does not require BIA authorization for the person to make a withdrawal.

Acceptable proof documenting account ownership and value include, but are not limited to, the following:

· IIM account statements or ledgers;

· Request for Proof of Financial Accounts (DE-203) form completed by the BIA area office or agency administering the account;

· Written statement from the BIA area office or agency within the bounds of the tribal nation administering the account; and

· Collateral contact to the BIA area office or agency administering the account.

Program	Legal Authority
ALTCS	20 CFR 416.1201(a) and (b)