Law | Trust

Passamaquoddy Tribe ready to receive $11.4 trust settlement





The Passamaquoddy Tribe of Maine has yet to decide what to do with a $11.4 million trust fund settlement that was reached with the Obama administration.

After legal expenses, the tribe will receive $10.2 million. Some tribal members want a per capita distribution but a public hearing is being planned to discuss options.

"We will have a public hearing about what should be done with the funds," Chief Clayton Cleaves told The Bangor Daily News.

The tribe consists of the Indian Township and Pleasant Point.

Get the Story:
Passamaquoddy chief says public hearing will precede allocation of $11.4 million settlement (The Bangor Daily News 5/24)

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