(a)
One or more persons may organize a limited liability company by signing and delivering articles of organization to the Tribal Secretary for filing. The organizer(s) need not be members of the LLC at the time of organization or thereafter.
(b)
The articles of organization shall contain all of and only the following information:
(1)
A statement that the LLC is organized under this Code.
(2)
The name of the limited liability company.
(3)
The name and address of the initial agent for service of process on the limited liability company.
(4)
A statement as whether the LLC is member-managed or manager-managed.
(5)
For LLCs wholly-owned by the Tribe, a statement as to whether the LLC enjoys the Tribe’s sovereign immunity and other privileges and the scope of any waiver of that immunity from unconsented suit.
(6)
For LLCs wholly-owned by the Tribe, a statement as to the authorization of the formation of the LLC by the Tribal Council including the authority under which the authorization is given, the person(s) designated as the organizer(s) of the LLC, and the tribal resolution number authorizing the formation of the LLC.
(7)
The name, address and signature of the duly authorized organizer of the LLC.
(c)
It is not necessary to set out in the articles any of the powers of a limited liability company enumerated in this Code.
(d)
The LLC is formed and the effective date of the formation is the date when the articles of organization are filed by the organizer and accepted by the Tribal Secretary. The Tribal Secretary shall assign an identification number to each article of organization.
(e)
The existence of a limited liability company begins upon the filing of the articles. For all purposes, a copy of the articles duly certified by the Tribal Council is conclusive evidence of the formation of a limited liability company and prima facie evidence of its existence.
(Res. 08-A-053, 3/25/2008, on an emergency basis. Finalized after a public hearing 3/14/2016 via Res. 16-A-020, 3/28/2016)