Turtle Mountain Band of Chippewa Indians of North Dacota - Tribal Law

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Turtle Mountain Band of Chippewa Indians Tribal Code

29.02.130 Assets; Distribution of Income

Assets. Subject to the contractual and sovereign rights of others, including the Tribe, the corporation shall have as its corporate assets, and the authority to acquire, manage, own, use, pledge, encumber, or otherwise dispose of, the following:

(a) All funds which the corporation may acquire by subscription, grant, gift, loan or other means,

(b) all interests in real and personal property, whether of a tangible or intangible nature, which the corporation may acquire by subscription, grant, gift, loan, purchase, lease or other means, unless such real property is in trust, and

(c) all earnings, interest, dividends, accumulations, contract rights, claims and other proceeds arising from any of the foregoing.

Original url: https://law.tmchippewa.com/us/nsn/tmchippewa/council/code/29.02.130

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