WebA tribe may incorporate under section 17 of the Indian Reorganization Act (IRA) of 1934, 25T U.S.C. Section 477 (section 17). This type of corporation is not subject to income tax, no … WebMay 10, 2024 · There are comparatively few cases decided on the basis of tribal corporate formation, but tribal corporations are often able to claim immunity from suit. In addition …
What is Section 17? NNI Database - University of Arizona
WebIn order to establish a Section 17 corporation, the IRA requires that a tribe submit to the Secretary of the Interior a resolution adopted by its tribal council petitioning for the … WebMay 3, 2016 · The TRIBE/TDHE must maintain records which adequately identify the source and application of funds provided. For example: a. Federal Awards: All Federal awards received and expended by the TRIBE/TDHE must be properly identified and accounted for and must include, as applicable, the Catalog of Federal Domestic Assistance pheasant\u0027s sf
Guidebook on Tribal Business Structures - Michigan Economic …
WebC. Section 17 Corporations D. State Law Corporations and Limited Liability Companies E. Tribally Chartered Corporations ... The goal of the Michigan Economic Development … WebThe Section 17 corporation has a federal charter and articles of incorporation, as well as bylaws that identify its purpose, much like a business founded under state law. In … WebThese Section 17 corporations give the tribe a legal entity chartered by the federal government. There isn't an explicit waiver of sovereign immunity and indeed these entities can be subject to suit. But, you can't get at the core tribal assets of tribal land or other assets not being held outside of that entity. pheasant\\u0027s mn