25 CFR § 217.5 Management of Tribal Assets of Ute Indian Tribe, Uintah and Ouray Reservation, Utah, by the Tribe and the Ute Distribution Corp.

§ 217.5 Management decisions.

Current through Jun 5, 2025 · Read all of Part 217

In arriving at management decisions concerning the assets, the business committee shall be entitled to cast 72.83814 votes and the board of directors shall be entitled to cast 27.16186 votes. Any total number of votes cast exceeding 50 shall be sufficient to determine an issue submitted to the joint managers for resolution. A majority of votes cast will decide an issue.

← § 217.4 Referral of questions by the joint managers.§ 217.6 Method of casting votes. →