(b) The election or appointment of corporate officers and the election of subsequent directors shall be governed by the provision of the charter of the corporation. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-9 Powers and Duration 37-9.01 Powers, Duration. (a) The powers of corporations created pursuant to this Chapter shall be set out in the charters of the corporations. (b) The duration of corporations created under this Chapter shall be perpetual unless a different duration is stated in the charter. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-10 Lands 37-10.01 Lands. Real property acquired by a corporation created pursuant to this Chapter may be transferred; where permitted by the federal law and/or the Spokane Law and Order Code, governing the ability of the Tribe to make such a transfer, to the ownership of the United States in trust for the Tribe and shall be by appropriate, lawful transfer be placed into the control of the corporation by the Tribe. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-11 Tribal Courts 37-11.01 Jurisdiction, Enforcement of Chapter. Notwithstanding the immunity from suit conveyed upon corporations created pursuant to this Chapter, the provisions of this Chapter, the Model Corporations Act, Tribal regulatory acts, or Tribal enactments pursuant to this Chapter, may be enforced against any such corporation, parent or subsidiary, its directors or officers by an action in law or equity in the Tribal Courts of the Spokane Tribe, when brought by any member of the Council or a director of a parent corporation. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-12 Agent 37-12.01 Agent. All corporations created under this Chapter shall publicly designate and maintain a registered agent for service of documents at Wellpinit, WA, Spokane Indian Reservation. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-13 Assets 37-13.01 Assets. The assets of each and every corporation created under this Chapter shall be separated and distinct from those of the Tribe. In no case shall Tribal assets not specifically pledged in a manner permitted by law be considered assets of a corporation created under this Chapter for any purpose. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-14 Audit 37-14.01 Audit. The Council, by duly adopted Resolution, may require that any corporation created under this Chapter be audited by an independent auditor hired by the Council at any time and shall have the absolute right to require access to all corporate documents necessary for such an audit. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-15 Annual Meeting & Report 37-15.01 Annual Meeting, Annual Report. (a) The board of directors and management of each corporation created pursuant to this Chapter shall hold at least 1 open, meeting per year, on 10 days public notice, within the boundaries of the Spokane Indian Reservation, at which the board shall answer any questions asked of them by members of the Council. (b) Each board shall also file a full report of the financial and production activities of the corporation with the Council on an annual basis. Legislative History–Enacted 1/24/04, Resolu. 2004-123; Readopted 8/01/06, Resolu. 2006-524. Section 37-16 Contracts with Officers 37-16.01 Contracts with Officers. Notwithstanding any other provision of this Chapter or charters or articles of incorporation granted pursuant to provisions of this Chapter, all directors of officers of any governmental 354 Revised Spokane Law & Order Code, 5/14/2013

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