Home Page

TABLE OF CONTENTS

Section 1. CITATION AND SPECIAL DEFINITIONS

Section 2. ESTABLISHMENT AND PURPOSE OF THE INDIGENOUS NATIONS FEDERAL CHARTER ASSOCIATION (INFCA) TRIBAL RESERVE

§101. Indigenous Nations Federal Charter Association (INFCA) Tribal Reserve

Section 3. Principle Functions and Specified Purposes.

Section 4. INDIGENOUS NATIONS FEDERAL CHARTER ASSOCIATION (INFCA) TRIBAL RESERVE BOARD OF DIRECTIORS

Section 5 INDIAN NATIONS FEDERAL CHARTER ASSOCIATION TRIBAL RESERVE BOARD CREATED

Section 6 MEMBERSHIP IN FEDERAL RESERVE SYSTEM

Section 7. FEDERAL DEPOSIT INSURANCE CORPORATION ACT

Section. 8. PLEDGE OF ASSETS GENERALLY

Section 9. INDEMNIFICATION FOR DEFENDING SUITS

Section 10. PROPERTY ACQUISITION

Section 11. ENGAGEMENT OF OFFICERS AND EMPLOYEES

Section 12. REMOVAL AND DISCHARGE OF APPOINTEES

Section 13. CAPITAL OF INDIGENOUS NATIONS FEDERAL CHARTER ASSOCIATION (INFCA) TRIBAL RESERVE

Section 14. TRIBAL FUNDS MAY BE DEPOSITED IN INFCA TRIBAL RESERVE ACCOUNTS.

Section 15. NON-LIABILITY OF OFFICERS AND SURETIES AFTER DEPOSIT

Section 16. DEPOSITS MAY BE RECEIVED FROM ANY ENTITIES

Section 17. DEPOSITS TO CREDIT OF OTHER BANKS

Section 18. GUARANTY OF DEPOSITS - EXEMPTION FROM TAXATION

Section 19. TRIBAL FUND DEPOSITS IN THE INFCA TRIBAL RESERVE CONSTITUTE AVAILABLE FUNDS - INFCA TRIBAL RESERVE - A CLEARING HOUSE

Section 20. INTEREST RATES - TIME DEPOSITS - LIMITATIONS - CHARGES

Section 21. DEPOSITS MAY BE MADE IN ANY (NATIONAL BANK) FINANCIAL INSTITUTIONS

Section 22 INFCA TRIBAL RESERVE MAY MAKE CERTAIN LIMITED LOANS AND USES OF TRIBAL RESERVE FUND PROCEEDS, BUFFALO RESERVE TRUST FUND CREATED.

Section 23 TRIBAL TREASURY: INFCA RESERVATION BRANCH/BOARD SHORT TITLE

Section 24. TRIBAL DEPARTMENT OF THE TREASURY/INFCA RESERVATION BRANCH

Section 25. INFCA RESERVATION BRANCH BOARD CHAIRMAN

Section 26. DUTIES AND POWERS OF THE TREASURY SECRETARY OF INFCA RESERVATION BRANCH, TRIBAL DEPARTMENT OF TREASURY.

Section 27. RESTRICTIONS ON THE TREASURY SECRETARY

Section 28. RATE OF RETURN UPON BONDS

Section 29. SOVEREIGN IMMUNITY OF THE DEPARTMENT OF TREASURY, THE TRIBE’S TREASURY SECRETARY AND INFCA RESERVATION BRANCH BOARD.

Section 30. PURPOSES OF THE TRIBAL DEPARTMENT OF THE TREASURY - INFCA RESERVATION BRANCH CREDIT PROGRAM AND BOARD

Section 31. RESTRICTIONS ON THE TREASURY SECRETARY AND INFCA RESERVATION BRANCH BOARD

Section 32. RATE OF RETURN UPON BONDS

Section 33. SOVEREIGN IMMUNITY OF THE DEPARTMENT OF THE TREASURY AND THE SECRETARY OF THE DEPARTMENT OF THE TREASURY AND INFCA RESERVATION BRANCH BOARD

Section 34. LOANS TO TREASURY ACCOUNT AUTHORIZED

Section 35. INVESTMENTS IN GOVERNMENT SPONSORED STOCK

Section 36. FUND TRANSFERS TO TRIBAL DEPARTMENT- HOW CREDITED

Section 37. WARRANTS AGAINST TRANSFERRED FUNDS

Section 38. LEASE OF LANDS ACQUIRED THROUGH FORECLOSURE - OIL & GAS

Section 39. ASSIGNMENT PATENT AND SALES OF LAND ACQUIRED THROUGH FORECLOSURE

Section 40. NAME IN WHICH BUSINESS CONDUCTED - EXECUTION OF INSTRUMENTS

Section 41. CIVIL ACTIONS AGAINST INFCA TRIBAL RESERVE

Section 42. SURETY NOT REQUIRED FOR INFCA TRIBAL RESERVE IN CIVIL ACTIONS

Section 43. NO EXECUTION ON INFCA TRIBAL RESERVE PROPERTY

Section 44. AUDIT OF INFCA TRIBAL RESERVE ACCOUNTS AND RECORDS

Section 45. ELECTRONIC FUND TRANSFER SYSTEM

Section 46. INFCA TRIBAL RESERVE RECOGNIZED AS INDIAN FINANCING ACT RELENDING ORGANIZATION

Section 47. PROFIT DISTRIBUTIONS

Section 48. INDIGENOUS NATIONS FEDERAL CREDIT PROGRAM SECRECY ACT

CHAPTER ONE: UTILIZATION OF INDIGENOUS NATIONS FEDERAL CHARTER ASSOCIATION (INFCA) TRIBAL RESERVE IN INDUSTRIAL DEVELOPMENT

Section 101. DECLARATION AND FINDING OF PUBLIC PURPOSE

Section 102. INDIAN NATIONS FEDERAL CHARTER ASSOCIATION (INFCA) TRIBAL RESERVE ADVISORY BOARD

Section 103. AUTHORITY OF BOARD - CAPITAL POOL CREATED

Section 104. MINIMUM STANDARDS FOR LOANS FROM CAPITAL POOL

Section 105. INFCA TRIBAL RESERVE DEVELOPMENT TRUST MORTGAGE PROGRAM ADMINISTRATION

Section 106. PURPOSE

Section 107. DEFINITIONS

Section 108. POWERS

Section 109. DEFAULT BY MORTGAGORS

Section 110. MORTGAGE INSURANCE FUND

Section 111. INSURANCE OF MORTGAGES

Section 112. MORTGAGE INSURANCE PREMIUMS

Section 113. EXPENSES

Section 114. MORTGAGES ELIGIBLE FOR INVESTMENT

Section 115. LIMITATION - CREDIT OF INFCA AND TRIBE NOT PLEDGED

CHAPTER TWO: IRRIGATION AND AGRICULTURAL DEVELOPMENT DEBENTURES

Section 201. DECLARATION OF INTENT AND FINDINGS

Section 202. DEBENTURES MAY BE ISSUED

Section 203. DEBENTURES EXEMPT FROM TAXATION, EXCEPTION

Section 204. AGRICULTURAL LOANS AUTHORIZED

CHAPTER THREE: INDIGENOUS NATIONS FEDERAL CHARTER ASSOCIATION (INFCA) TRIBAL RESERVE BOND ACT

Section 301. TITLE

Section 302. LEGISLATIVE POLICY

Section 303. DEFINITIONS

Section 304. CREATION OF INFCA TRIBAL RESERVE BOND PROGRAM

Section 305. PARTICIPATION VOLUNTARY

Section 306. LENDING AND BORROWING POWERS GENERALLY

Section 307. POWERS

Section 308. BONDS OF THE INFCA TRIBAL RESERVE BOND PROGRAM

Section 309. PLEDGES TO SECURE BONDS

Section 310. INDIGENOUS NATIONS FEDERAL CHARTER ASSOCIATION TRIBAL RESERVE/TRIBAL BOND RESERVE FUND (INFCA BOND PROGRAM RESERVE FUND)

Subsection 1. Indigenous Nations Federal Charter Association (INFCA) Tribal Reserve/ Bond Program Reserve Fund.

Subsection 2. Sovereign Immunity of the INFCA Tribal Reserve Board, the INFCA Reservation Branch and Tribal Department of Treasury, the Tribe(s) and of the INFCA Board of Governors.

Subsection 3. Purposes of the INFCA Tribal Reserve Bond Program Reserve Fund

Subsection 4. INFCA Bond Program Reserve Fund

Section 311. BUFFALO RESERVE TRUST

Section 312. POWERS OF THE INFCA TRIBAL RESERVE BOARD OVER TRIBAL RESERVE TRUST AND BUFFALO RESERVE TRUST

Section 313. ADDITIONAL TRIBAL RESERVES AND FUNDS

Section 314. PERSONAL LIABILITY

Section 315. PURCHASE OF BONDS OF INFCA TRIBAL RESERVE BOND BANK OF THE CREDIT PROGRAM

Section 316. BONDS AS LEGAL INVESTMENTS AND SECURITY

Section 317. TAX EXEMPTIONS

Section 318. EXEMPTION OF PROPERTY FROM EXECUTION SALE

Section 319. INSURANCE OR GUARANTY

Section 320. REMEDIES ON DEFAULT OF MUNICIPAL OR TRIBAL SECURITIES

Section 321. FORM OF MUNICIPAL OR TRIBAL SECURITIES AND INVESTMENTS

Section 322. PRESUMPTION OF VALIDITY

CHAPTER FOUR: INFCA PERSONAL LOAN PROGRAM

Section 401. PERSONAL LOAN PROGRAM AUTHORIZED

Section 402. MAXIMUM LOAN AMOUNTS

Section 403. INFCA HOME LOAN FUND REGULATIONS

Section 404. INFCA AUTO LOAN FUND REGULATIONS

Section 405. INFCA PERSONAL LOAN FUND REGULATIONS

Section 406. INFCA EDUCATIONAL LOAN FUND REGULATIONS

CHAPTER FIVE: INDIGENOUS NATIONS FEDERAL CREDIT PROGRAM CHARTER ACT

Section 501. CHARTER ACT

SubSection 1. Short Title

SubSection 2. Findings

SubSection 3. Indigenous Nations Federal Credit Program Charter Act

SubSection 4. Issuance of Charter

CHAPTER 6: RELEVANT REGULATIONS OF THE INDIGENOUS NATIONS FEDERAL CHARTER ASSOCIATION TRIBAL RESERVE BOARD

Article I: SHORT TITLE, DEFINITIONS AND MISCELLANEOUS

SECTION 601. SHORT TITLE

SECTION 602. DEFINITIONS PERTAINING TO TRIBAL CREDIT PROGRAMS AND, LOAN FUNDS TRUST COMPANIES AS USED IN THIS INFCA TRIBAL RESERVE CODE AND THE INFCA TRIBAL RESERVE ACT UNLESS THE CONTEXT OTHERWISE REQUIRES:

Section 603. GENERAL DEFINITIONS

Section 604. REGISTRATION OF INFCA TRIBAL RESERVE, RESERVATION OR TRANSNATIONAL BRANCH OR TRUST-RELATED OR LOAN FUND ACTIVITIES:

ARTICLE II: Power of the INFCA Tribal Reserve Board

Section 605. INFCA TRIBAL RESERVE OFFICERS AND EMPLOYEES

Section 606. INFCA TRIBAL RESERVE BOARD

Section 607. INFCA TRIBAL RESERVE BOARD POWERS

Section 608. ACCESS OF INFCA TRIBAL RESERVE BOARD TO RECORDS.

Section 609. POWER TO SUBPOENA WITNESS - DECLARATORY ORDER - GOOD FAITH AS A DEFENSE

Section 610. JUDICIAL REVIEW OF ORDERS OF THE INFCA TRIBAL RESERVE BOARD AND APPEALS TO THE SUPREME COURT

Section 611. RECORDS OF INFCA TRIBAL RESERVE BOARD - PUBLIC INSPECTION - CONFIDENTIALITY

Section 612. EXAMINATIONS AND REPORTS

Section 613. REMOVAL OF OFFICER, DIRECTOR OR EMPLOYEE OF INFCA, INFCA BRANCH, OR TRUST COMPANY BY INFCA TRIBAL RESERVE

Section 614. REMOVAL OF OFFICER, DIRECTOR OR EMPLOYEE OF INFCA TRIBAL RESERVE, INFCA BRANCH OFFICES INFCA TRIBAL RESERVE BOARD

Section 615. INFCA TRIBAL RESERVE BOARD’S ANNUAL REPORT - CONTENTS

Section 616. INTERESTS OF INFCA TRIBAL RESERVE BOARD OFFICERS OR EMPLOYEE INFCA OR TRUST COMPANIES

Section 617. INFCA RESERVATION AND TRANSNATIONAL BRANCHES AND TRUST AND LOAN FUND COMPANY RECORDS

Section 618. TRANSFER OF STOCK OR CONTROLLING INTEREST: NOTICE TO AND APPROVAL BY INFCA TRIBAL RESERVE BOARD’S APPROVAL REQUIRED WHERE TRANSFER OF STOCK JEOPARDIZE INTEREST OF DEPOSITORS - INFCA AND TRUST COMPANIES

Section 619. CHANGES IN RESERVATION BRANCH TRIBALTREASURY SECRETARY

Section 620. IMPAIRMENT OF CAPITAL - ASSESSMENTS - LIMITATIONS INFCA TRIBAL RESERVE BOARD MAY DIRECT ASSESSMENT - PROCEDURE

Section 621. NOTICE OF HEARING HEARINGS - NOT OTHERWISE PROVIDED

ARTICLE III: POWERS OF THE REVIEW COMMITTEE

Section 622. REVIEW COMMITTEE

ARTICLE IV

Section 623. SUPPORT TRUST

SubSection 1. Appointment of Trustee

SubSection 2. General Provisions Relating to Trust

SubSection 3 Additions to Trust Estate

SubSection 4. Provisions Relating to Distributions of Income and Principal

SubSection 5. Miscellaneous Provisions