(a) 
Any other business entity or foreign limited liability company that is wholly owned by the Tribe may be converted into a Tribal limited liability company pursuant to this Code if the converting entity is not prohibited by the law under which it is organized to effect the conversion.
(b) 
Any other business entity or a foreign limited liability company that desires to convert into a Tribal limited liability company shall approve a plan of conversion or such instrument as is required to be approved to effect the conversion pursuant to the laws under which that entity is organized.
(c) 
The conversion of any other business entity or a foreign limited liability company to a Tribal limited liability company shall be approved by the Tribe.
(d) 
The conversion by any other business entity or foreign limited liability company shall be effective at the time the conversion is effective in accordance with the law under which the converting entity is organized as long as the articles have been filed with the Tribal Council. If the converting entity’s governing law is silent as to the effectiveness of the conversion, the conversion shall be effective upon the completion of all acts required under this Code to form a limited liability company.
(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)
(a) 
Upon the approval of a Corporate Charter pursuant to 25 U.S.C. § 477 which authorizes the segregation of discrete Tribal corporate or business assets into subdivisions of the federally-chartered corporation, any Tribal limited liability company in which the Tribe is the sole member may be converted to a subdivision of the federally-chartered corporation formed pursuant to 25 U.S.C. § 477.
(b) 
The conversion to a subdivision of the federally-chartered corporation shall be effective upon the enactment of the Tribal resolution directing the conversion.
(c) 
The subdivision created by the conversion possesses all of the rights, privileges, immunities, and powers of the converted LLC and is subject to all of the restrictions, disabilities, and duties of the converted LLC.
(d) 
The subdivision created by the conversion may operate under the Articles of Operation of the tribal limited liability company.
(e) 
All property and all debts, including contributions, are vested in the subdivision created by the conversion without further act.
(f) 
Title to all real estate and any interest in real estate owned by the former LLC shall revert or be transferred to the subdivision created by the conversion.
(g) 
The subdivision created by the conversion has all the liabilities and obligations of the former LLC and any claim existing or action or proceedings pending by or against the former LLC may be prosecuted as if the merger had not taken place, or the subdivision created by the conversion may be substituted in the action.
(h) 
The rights of creditors and any liens on the property of the former LLC shall survive the conversion.
(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)