Subpart 9 ACTIONS AGAINST LLC WHOLLY OWNED BY THE NATION
§ 2-991. Court actions authorized.
A. The Nation, as sole member of any LLC organized pursuant to this chapter may bring a civil action against the LLC, its managers or its officers in the Osage Nation Court only pursuant to this part to:
1. Enjoin temporarily or permanently any action of the LLC that is an ultra vires act outside the authority of the LLC and that is either:
a. Unlawful; or
b. Has or could cause material harm to the assets of the LLC or the Nation if no immediate action is taken.
2. Require the distribution of the LLC’s surplus net income, to the extent permitted by Section 2-507 of this Title.
B. In accordance with Section 2-913(B) of this Title, the sovereign immunity of the LLC shall not extend to actions against the LLC by the Nation acting as member, or, in the case of a subsidiary LLC created pursuant to this part, by the parent LLC acting as member.
C. Nothing contained herein shall be construed as authorizing actions of any kind whatsoever against the Nation. ONCA 08-02, eff. June 13, 2008.