29.02.120 Shareholder Meetings

(a) Annual meeting. Annual meetings of the Board of Directors or Tribal Council acting as the Board of Directors, in its capacity as the shareholders of a corporation wholly owned, directly, by the Tribe, shall be held at such time and at such place on the Reservation as the board of directors shall determine. If the board of directors fails to set the time and date of meeting, it shall be held on the second Tuesday in February of each year. At such annual meeting, the Tribal Council, in its capacity as the shareholders of the corporation, shall transact such business as may properly be brought before the meeting. Such meetings may be called and held in the same manner as applicable law provides for meetings of the Tribal Council if no other bylaw dictates process.

(b) Special meetings. Special meeting of the Tribal Council or the Board of Directors, in its capacity as the shareholders of the corporation, may be called and held for any purpose in the manner provided for the call and holding of special meetings of the Tribal Council.

(c) Notice of meetings. The board of directors shall notify the Tribal Council of the date, time and place of the annual meeting of shareholders at least 20 days before the meeting and of any special meeting of the shareholders at least five days before the meeting. Notices shall be deemed to be effective if placed in the U.S. Mail, with proper first class postage affixed, at least 22 days (but not more than 62 days) prior to an annual meeting, and at least 7 days (but not more than 62 days) prior to a special meeting, or on the date personally delivered to the Secretary of the Tribal Council.

(d) Time and place of shareholder's meetings. Meetings of the shareholders of the corporation shall be held at the principal place of business or of the corporation or at such other location within the Turtle Mountain Band of Chippewa Indians Reservation at such time and place as the board of directors shall fix.

(e) Manner of meeting. Except as otherwise provided in the Articles of Incorporation, the shareholders of the corporation may conduct regular or special meetings through the use of any means and procedures which are proper for meetings of the Tribal Council.

(f) Presiding officer. The Chairman of the Tribal Council or the Chairman of the Board of Directors shall preside over any shareholder's meeting, unless the corporation's Board has been otherwise delegated such authority.