CHAPTER 24-2
APPLICATION

24-2-1 Reservation of Right.

The Nation reserves the right to amend or repeal the provisions of this Code. A corporation incorporated under or governed by this Code is subject to this reserved right.

24-2-2 Corporations Wholly Owned by the Nation.

The provisions of Section 24-15-1 through Section 24-15-9 of this Code shall apply to all corporations incorporated under this Code and wholly owned, directly or indirectly, by the Nation and shall override any other provisions in this Code to the contrary. In the case of Tribal corporations wholly owned, directly or indirectly, by the Nation, all provisions of this Code are subject to the provisions of Section 24-15-1 through Section 24-15-9 of this Code.

24-2-3 Sovereign Immunity of the Nation Not Waived.

By the adoption of this Code, the Nation does not waive its sovereign immunity or consent to suit in any court, federal tribal or state, and neither the adoption of this Code, nor the incorporation of any corporation hereunder, shall be construed to be a waiver of the sovereign immunity of the Nation or a consent to suit against the Nation in any such court.

24-2-4 Organized Under Constitution and Laws of Nation.

All corporations incorporated pursuant to this Code shall be considered organized under the Constitution and laws of the Nation.