25 U.S.C. § 5204 — Cooperative associations; charter; purposes; voting rights
submitted 90 years ago by ch. 831 to r/title-25-INDIANS · 170 words · no verdicts yet
This section addresses Cooperative associations charter purposes voting rights. It provides: Any ten or more Indians, as determined by the official tribal rolls, or Indian descendants of such enrolled members, or Indians as defined in the Act of June 18, 1934 ( 48 Stat.
Any ten or more Indians, as determined by the official tribal rolls, or Indian descendants of such enrolled members, or Indians as defined in the Act of June 18, 1934 ( 48 Stat. 984 ) [ 25 U.S.C. 5101 et seq.], who reside within the State of Oklahoma in convenient proximity to each other may receive from the Secretary* of the Interior a charter as a local cooperative association for any one or more of the following purposes: Credit administration, production, marketing, consumers’ protection, or land management. The provisions of this chapter, the regulations of the Secretary of the Interior, and the charters of the cooperative associations issued pursuant thereto must govern such cooperative associations: Provided , That in those matters not covered by this chapter, regulations, or charters, the laws of the State of Oklahoma, if applicable, must govern. In any stock or nonstock cooperative association no one member must have more than one vote, and membership in it must be open to all Indians residing within the prescribed district.
Any ten or more Indians, as determined by the official tribal rolls, or Indian descendants of such enrolled members, or Indians as defined in the Act of June 18, 1934 (48 Stat. 984) [25 U.S.C. 5101 et seq.], who reside within the State of Oklahoma in convenient proximity to each other may receive from the Secretary* of the Interior a charter as a local cooperative association for any one or more of the following purposes: Credit administration, production, marketing, consumers’ protection, or land management. The provisions of this chapter, the regulations of the Secretary of the Interior, and the charters of the cooperative associations issued pursuant thereto shall govern such cooperative associations: Provided, That in those matters not covered by this chapter, regulations, or charters, the laws of the State of Oklahoma, if applicable, shall govern. In any stock or nonstock cooperative association no one member shall have more than one vote, and membership therein shall be open to all Indians residing within the prescribed district.
Source credit: (June 26, 1936, ch. 831, § 4, 49 Stat. 1967.)
- 1936Enacted · Act of June 26, 1936, ch. 831 · 49 Stat. 1967
A history note hasn’t been published yet. The record shows enactment by ch. 831 on 1936-06-26.
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