Legislative Background: The preamble to the Financial
Disclosure Ordinance reads as follows:
"The purpose of this ordinance is to define the
terms of Article XII, Section 3 of the Tribal Constitution in order
to provide guidance to the Tribal Chairperson and any other salaried
Tribal Council members regarding the financial disclosure requirement
of the Constitution. For purposes of this ordinance, "salaried Tribal
Council members" includes any Tribal Council member who receives a
salary from any subdivision or commission of the Tribe."
[History: Financial Disclosure Ordinance, enacted by Tribal
Council on April 19, 1996.]
Upon each occasion that an individual is elected/appointed to
the Tribal Council, the Chairperson and any other salaried Tribal
Council members shall comply with the financial disclosure requirements
of the Constitution and this ordinance.
[History: Financial Disclosure Ordinance, enacted by Tribal
Council on April 19, 1996.]
The financial disclosure shall be made in closed session to
the Tribal Council within 90 days of being elected/appointed.
[History: Financial Disclosure Ordinance, enacted by Tribal
Council on April 19, 1996.]
The financial disclosure shall be a written statement, and after
disclosure to the Tribal Council such financial disclosure statement
shall be filed with the Tribal Court in a closed file not available
for public inspection.
[History: Financial Disclosure Ordinance, enacted by Tribal
Council on April 19, 1996.]
(a)
The names of all corporations, companies, firms, or other business
enterprises, partnerships, nonprofit organizations, and educational
institutions in which the employee, spouse, dependent child or other
relatives who are full-time residents of the employee's immediate
household have:
(1)
A continuing financial interest through a pension or retirement
plan, shared income, or other arrangement as a result of any current
or prior employment or business or professional associations; or
(2)
Any financial interest through the ownership of stock, stock
options, bonds, securities or other arrangements including trusts;
(b)
Interests in real property or rights in lands in which the employee,
spouse, dependent child or other relatives who are full-time residents
of the employee's immediate household have an interest, other than
property which the employee occupies as a personal residence;
(c)
The names of all corporations, companies, firms, or other business
enterprises, partnerships, non-profit organizations, and educational
or other institutions with which the employee is connected as an employee,
officer, owner, director, trustee, partner, advisor, or consultant;
(d)
The names of the employee's creditors, other than those to whom the
employee is indebted by reason of a mortgage on property which is
occupied as his or her personal residence or to whom he or she is
indebted for current and ordinary household and living expenses; and
(e)
Retirement benefits, vested rights to retirement benefits, or investments
in self-employment or individual retirement plans.
[History: Financial Disclosure Ordinance, enacted by Tribal
Council on April 19, 1996.]
(a)
Individuals submitting a financial disclosure statement shall not
be required to report any connection with, or interest in:
(1)
A professional society;
(2)
A charitable, religious, social, fraternal, recreational, public
service, civil, or political organization or a similar organization
not conducted as a business enterprise;
(3)
Holdings in widely held mutual funds, investment clubs or regulated
investment companies not specializing in a particular industry; or
(4)
Savings or deposits in banks, credit unions, building and loan
associations, or insurance companies.
(b)
For the purpose of this section, educational and other institutions
doing research work involving grants of money from or contracts with
the Government are deemed "business enterprise" and are required to
be included in an employee's statement of employment and financial
interests.
