17.1.4.020 APPLICATION.

(a) Corporations directly owned by the Tribe. The consent of the Tribal Council shall be required prior to the incorporation under this Code of any corporation to be wholly owned by the Tribe. For this purpose, the incorporator shall file with the Tribal Services Director, when the incorporator files the articles of incorporation of a corporation to be wholly owned by the Tribe, a certified copy of a resolution of the Tribal Council authorizing the formation of the corporation.

(b) Designation in articles. The articles of a corporation wholly owned, directly or indirectly, by the Tribe shall expressly so state and when accepting the articles for filing, the Tribal Services Director shall note that the corporation is governed by the provisions of this Code applicable to wholly owned tribal corporations.