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The following words, terms and phrases, when used in this chapter, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

A. Articles of incorporation” means the original articles of incorporation and all amendments thereto.

B. Board of Directors” means the group of persons vested with the management of the affairs of a corporation formed under this Code, irrespective of the name by which such group is designated.

C. Bylaws” means the rules adopted for the regulation or management of the affairs of a corporation irrespective of the name or names by which such rules are designated.

D. Congress” means the Congress of the Osage Nation organized and acting under Article VI of the Constitution of the Osage Nation.

E. Corporation or domestic corporation” means a corporation chartered under the provisions of this Code.

F. Court” means the Tribal Court of the Osage Nation and, for appellate review, the Supreme Court of the Osage Nation, as established under Article VIII of the Osage Nation Constitution.

G. Insolvent” means that a corporation is unable to pay its debts as they become due in the usual course of its affairs.

H. Member” means one having membership rights in a corporation in accordance with the provisions of its articles of incorporation or bylaws.

I. Nonprofit corporation” means a corporation in which no part of the income is distributable to its members, directors, or officers in their capacity as such; provided, that nothing in this Code shall be construed as prohibiting the payment of reasonable compensation for services rendered or the making of a distribution to an organization that is a member upon dissolution or final liquidation as permitted in this Code.

J. Principal Chief” means the Principal Chief of the Osage Nation exercising the authority described at Article VII of the Constitution of the Osage Nation.

K. Public purpose corporation” means a corporation, designated as such in duly adopted legislation or a joint action resolution of the Congress approved by the Principal Chief, which is formed by the Osage Nation for the public purpose of advancing the health, education, welfare and economic opportunities of the Nation’s members or reducing the burdens of the Osage Nation government and of which the Osage Nation is the sole member or appoints a majority of the Board of Directors. No person currently serving as an Osage Nation elected or appointed official may serve as a Director. Because a public purpose corporation so designated by the Principal Chief and Congress has a purpose and function other than to operate as a business enterprise, Article VII, Section 14 of the Constitution of the Osage Nation concerning the management authority and responsibility of the Tribal Enterprise Board shall have no application to a public purpose corporation.

L. Reservation” means the Osage Nation Reservation, duly established by the Congress of the United States pursuant to: (1) the Treaty between the United States of America and the Great and Little Osage Indians, Sept. 29, 1865, 14 Stat. 687; (2) Article 16 of the Treaty between the United States of America and the Cherokee Nation of Indians, July 19, 1866, 14 Stat. 799; and (3) the Act of June 5, 1872, Ch. 310, 17 Stat. 228 (An Act to Confirm the Great and Little Osage Indians Reservation in the Indian Territory).

M. Secretary of the Osage Nation” means an individual duly appointed by the Executive Branch of the Nation to serve in the administrative capacity as outlined in this Code with all the rights, duties, obligations, and authority as provided in this Code.

N. Trust land” means land held in trust by the United States for the benefit of the Osage Nation or its members. ONCA 21-27, eff. Apr. 6, 2021.