Title
AN ACT RELATING TO THE AMENDMENT OF TITLE 18 OF THE CORPORATIONS CODE REQUIRING COUNCIL APPROVAL OF CAMPAIGN CONTRIBUTIONS GIVEN BY CHEROKEE OWNED CORPORATIONS
Body
BE IT ENACTED BY THE CHEROKEE NATION:
Section 1. Title and Codification
This act shall be known as the “The Cherokee Nation Coroporation Campaign Contribution Act of 2018 and codified as Title 18, Section 19 of the Cherokee Nation Code Annotated.
Section 2. Purpose
The purpose of this act is to provide for Tribal Council approval of any political or campaign contributions of a corporation, limited liability company, non-profit company, or any other business entity owned by the Cherokee Nation, prior to the contribution being made.
Section 3. Legislative History
Title 18 C.N.C.A.
Article X, Section 7 of the Cherokee Nation Constitution: The credit of the Cherokee Nation shall not be given, pledged, or loaned to any individual, firm, company, corporation, or association without the approval of the Council. The Cherokee Nation shall not make any donations by gift, bonus, or otherwise, to any individual, firm, company, corporation, or association without the approval of the Council.
Section 4. Definitions
For purposes of this Title:
D. “Campaign Contribution” means a gift or donation of monies or anything of value, including “in kind” contributions.
Section 5. Substantive Provisions
Any corporation, limited liability company, non-profit company, and any other business entity in which the Cherokee Nation is the sole or majority shareholder, shall have the authority to make campaign contributions to political candidates, politicial parties, state questions or other issue oriented campaigns as allowed by state and federal law. Provided that said business entity recieives prior approval by the Tribal Council resolution prior to said contributions being made. Business entities in which the Cherokee Nation is the sole or majority shareholder are prohibited from making any type of ...
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