13.01.070 Approval Authority

The Tribal Council shall have the authority to approve organizational by-laws and any amendment made thereto. The Tribal Council shall require at a minimum the following from all economics entitles chartered under this chapter:

(a) By-laws outlining the composition of the board of directors and officers, the powers and duties of said directors and officers. Proposed terms of office, provisions for the replacement and succession of directors and officers. Quorum requirements, and provisions for meetings.

(b) Creation of separate bank account done under the auspices of the Bad River Accounting Department.

(c) A three year business plan including a market analysis concerning prospective business and a budget for the enterprise, board and officers, salaries, wages, fringe benefits.

(d) Insurance plan, including unemployment, worker's compensation, liability, bonding, and other applicable insurance.

(e) Space and warehousing area and cost analysis.

(f) Employment policies (hiring, firing overtime, vacations, sick leave, health insurance etc.)

(g) Evaluation plan to determine profitability, success of business, criteria for continuing business operation.

(h) A plan to wrap up the organization and dispose of business assets and/or liabilities.

(i) Any other market study, informational requirement deemed necessary by the Tribal Court.