Date: April 21, 2000
REAFFIRM: April 8, 2019
SUBJECT: Delegation -- Institute of American Indian Art
- DELEGATION. By virtue of the authority vested in the Secretary of the Treasury, I hereby delegate the following authority for the Institute of American Indian and Alaska Native Culture and Arts Development.
- The Assistant Secretary for Management has the authority to:
- (1) prescribe procedures for the valuation of contributions to the Institute of American Indian and Alaska Native Culture and Arts Development;
- (2) establish recordkeeping procedures for the
- (a) investment of funds received under the trust fund established in 20 USC 4425(b); and,
- (b) expenditure of accumulated interest for trust fund under 20 USC 4425(a); and
- (3) monitor the program, and periodically evaluate the financial
recordkeeping procedures in accordance with 20 USC 4425(c).
- The Inspector General shall audit the program, as necessary, and participate in the periodic evaluation of the financial recordkeeping procedures.
- The Assistant Secretary for Management has the authority to:
- REDELEGATION. This authority may be redelegated in writing
- AUTHORITIES.
- 20 USC 4425.
- 20 USC 4451, Authorization of Appropriations.
- CANCELLATION. Treasury Order 102-11, Delegation -- Institute of American Indian Arts, dated March 17, 1992, is superseded.
- OFFICE OF PRIMARY INTEREST. Office of Financial Reporting and Policy, Deputy Chief Financial Officer, Assistant Secretary for Management
/S/
Lawrence H. Summers
Secretary of the Treasury