29.02.010 Corporate Charter for Tribal Corporations

(a) The charter for a Tribal Corporation formed under this Title shall set forth:

(1) The name of the tribal corporation;

(2) The purposes for which the Tribal Corporation is organized, including but not limited to creating profits for the benefit of the Tribe and reinvesting in the community;

(3) The manner by which the Tribe will ensure that the Tribal Corporation benefits the Tribe and the community, consistent with Section 29.0214 of this Title;

(4) The terms of the members of the Board of Directors;

(5) The service address for the corporation;

(6) The powers of the tribal corporation;

(7) The specific designation of which type of tribal corporation it is as enumerated in the definition of tribal corporation, herein;

(8) The provisions of 29.0107 above, providing for sovereign immunity and waivers thereof;

(9) Provisions directing management of the tribal corporation and regulation of its affairs; and

(10) Provisions designed to insulate the tribal corporation from the shifts of policy of tribal politics.

(b) The charter must designate whether shares shall be issued.