Tribal Law Gateway  | Turtle Mountain Band of Chippewa Indians of North Dacota | Collection | Turtle Mountain Band of Chippewa Indians Tribal Code | Title 29 Business Organizations | Division II Limited Liability Company Act | Chapter 29.12 Articles of Organization and Dealing with LLC | 29.12.010 Articles of Organization

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

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Turtle Mountain Band of Chippewa Indians Tribal Code

29.12.010 Articles of Organization

(a) One or more persons may organize a limited liability company by signing and delivering articles of organization to the Tribe’s Secretary/Treasurer for filing. The organizer(s) need not be members of the LLC at the time of organization or thereafter.

(b) A limited liability company shall have one or more members.

(c) The articles of organization shall contain all of and only the following information:

(1) A statement that the LLC is organized under this Title.

(2) A name for the LLC that satisfies the provisions of this Title.

(3) The street address of the registered office and the name of the registered agent at that office.

(4) If management of the LLC is vested in one or more managers, a statement to that effect.

(5) The name and address of each person organizing the LLC, except in the case TMBCI is a member of the LLC in which case the Chairman shall be named as the organizer of the LLC.

(6) Whether the LLC is wholly owned by the TMBCI.

(7) If wholly owned by the TMBCI, whether the LLC is to enjoy the TMBCI's sovereign immunity and the scope of any waiver of that immunity.

(d) The Tribe's Secretary/Treasurer shall assign each article of organization an identification number.

(e) Amendment. An LLC may amend its articles of organization at any time by delivering an amendment, with fee filing fee, for filing to the Tribe/s Secretary/Treasurer.

(f) Effect of Delivery or Filing.

(1) An LLC is formed when the articles of organization become effective under Upon filing and approval execution by the Secretary/Treasurer.

(2) The Tribe's Secretary/Treasurer's filing of the articles of organization is conclusive proof that the LLC is organized and formed under this Title.

Original url: https://law.tmchippewa.com/us/nsn/tmchippewa/council/code/29.12.010

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