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File #: 12-056    Version: Name: JOBS GROWTH AMENDMENT OF 2012
Type: Legislative Act Status: Passed
File created: 3/16/2012 In control: TRIBAL COUNCIL
On agenda: 7/16/2012 Final action: 7/16/2012
Enactment date: 7/16/2012 Enactment #: LA-23-12
Title: AN ACT AMENDING LEGISLATIVE ACT 11-10 RELATING TO CREATION OF JOBS GROWTH; ADDING LANGUAGE TO ASSIGN SEAT DESIGNATIONS
Sponsors: Jodie Fishinghawk, Frankie Hargis
Indexes: corporations, General Corporation Act, Jobs Growth Act
Code sections: Title 18 - Corporations
Attachments: 1. LA-23-12
Related files: LA-16-96, LA-32-04, LA-37-05, 10-019, 22-033, 21-119, 23-067, 13-124
Title
AN ACT AMENDING LEGISLATIVE ACT 11-10 RELATING TO CREATION OF JOBS GROWTH; ADDING LANGUAGE TO ASSIGN SEAT DESIGNATIONS
Body
BE IT ENACTED BY THE CHEROKEE NATION:

Section 1. Title and Codification

This Act shall be referred as the “Jobs Growth Amendment Act of 2012” and codified under Title ____ Section ______ of the Cherokee Nation Code Annotated (CNCA).

Section 2. Purpose

The purpose of this Act is to designate seats for the seventeen (17) board members.

Section 3. Legislative History

Legislative Act 96-16 Cherokee Nation General Corporation Act Legislative Act 32-04 Cherokee Nation Limited Liability Corporation Act
Legislative Act 37-05 Jobs Growth Act
Legislative Act 11-10 Jobs Growth Act

Section 4. Definitions

For the Purposes of this Act:

“Parent Company” means a company that owns a majority of the shares in another company or companies.

“Subsidiary” means a company owned by another company. If a subsidiary is wholly owned, all its stock is held by the parent company.




Section 5. Substantive Provisions

A. Jobs Growth.

i. CNB Board of Directors shall be comprised of no more than seventeen (17) members and shall, upon the dissolution of the CNE and CNI boards, be comprised of the then-current CNB directors, the former members of the dissolved CNE and CNI boards. Other subsidiaries may have directors as allowed by Cherokee law. Provided that, effective upon enactment of this Act, the seats shall be assigned as follows:

Seat 1, a term expiring 9/30/14, currently held by Mike Watkins

Seat 2, a term expiring 9/30/14, currently held by Tommy Sue Wright

Seat 3, a term expiring 9/30/14, currently held by Rex Earl Starr

Seat 4, a term expiring 9/30/14, currently held by Bob Berry

Seat 5, a term expiring 9/30/14, currently held Brent Taylor

Seat 6, a term expiring, 9/30/14, currently held by Sam Hart

Seat 7, a term expiring, 9/30/14, currently held by Gary Cooper

Seat 8, a term expiring, 9/30/14, currently held by Jerry...

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