Throw the Bums Out!!!

The Board of Directors have failed the Sault Tribe members according to the law. This is cause for removal, impeachment or just throw the bums out!

SEC. 108. PLAN FOR USE OF SAULT STE. MARIE TRIBE OF CHIPPEWA
INDIANS OF MICHIGAN FUNDS.
(a) SELF-SUFFICIENCY FUND.—
(1) The Sault Ste. Marie Tribe of Chippewa Indians of
Michigan (referred to in this section as the ‘‘Sault Ste. Marie
Tribe’’), through its board of directors, shall establish a trust
fund for the benefit of the Sault Ste. Marie Tribe which shall
be known as the ‘‘Self-Sufficiency Fund’’. The principal of the
Self-Sufficiency Fund shall consist of—
(A) the Sault Ste. Marie Tribe’s share of the judgment
funds transferred by the Secretary to the board of directors
pursuant to subsection (e);
(B) such amounts of the interest and other income
of the Self-Sufficiency Fund as the board of directors may
choose to add to the principal; and
(C) any other funds that the board of directors of
the Sault Ste. Marie Tribe chooses to add to the principal.
PUBLIC LAW 105–143—DEC. 15, 1997 111 STAT. 2661
(2) The board of directors shall be the trustee of the Self-
Sufficiency Fund and shall administer the Fund in accordance
with the provisions of this section.
(b) USE OF PRINCIPAL.—
(1) The principal of the Self-Sufficiency Fund shall be used
exclusively for investments or expenditures which the board
of directors determines—
(A) are reasonably related to—
(i) economic development beneficial to the
tribe; or
(ii) development of tribal resources;
(B) are otherwise financially beneficial to the tribe
and its members; or
(C) will consolidate or enhance tribal landholdings.
(2) At least one-half of the principal of the Self-Sufficiency
Fund at any given time shall be invested in investment
instruments or funds calculated to produce a reasonable rate
of return without undue speculation or risk.
(3) No portion of the principal of the Self-Sufficiency Fund
shall be distributed in the form of per capita payments.
(4) Any lands acquired using amounts from the Self-
Sufficiency Fund shall be held as Indian lands are held.
(c) USE OF SELF-SUFFICIENCY FUND INCOME.—The interest and
other investment income of the Self-Sufficiency Fund shall be
distributed—
(1) as an addition to the principal of the Fund;
(2) as a dividend to tribal members;
(3) as a per capita payment to some group or category
of tribal members designated by the board of directors;
(4) for educational, social welfare, health, cultural, or
charitable purposes which benefit the members of the Sault
Ste. Marie Tribe; or
(5) for consolidation or enhancement of tribal lands.
(d) GENERAL RULES AND PROCEDURES.—
(1) The Self-Sufficiency Fund shall be maintained as a
separate account.
(2) The books and records of the Self-Sufficiency Fund
shall be audited at least once during each fiscal year by an
independent certified public accountant who shall prepare a
report on the results of such audit. Such report shall be treated
as a public document of the Sault Ste. Marie Tribe and a
copy of the report shall be available for inspection by any
enrolled member of the Sault Ste. Marie Tribe.
(e) TRANSFER OF JUDGMENT FUNDS TO SELF-SUFFICIENCY
FUND.—
(1) The Secretary shall transfer to the Self-Sufficiency Fund
the share of the funds which have been allocated to the Sault
Ste. Marie Tribe pursuant to section 104.
(2) Notwithstanding any other provision of law, after the
transfer required by paragraph (1) the approval of the Secretary
for any payment or distribution from the principal or income
of the Self-Sufficiency Fund shall not be required and the
Secretary shall have no trust responsibility for the investment,
administration, or expenditure of the principal or income of
the Self-Sufficiency Fund.
(f ) LANDS ACQUIRED USING INTEREST OR OTHER INCOME OF
THE SELF-SUFFICIENCY FUND.—Any lands acquired using amounts
111 STAT. 2662 PUBLIC LAW 105–143—DEC. 15, 1997
from interest or other income of the Self-Sufficiency Fund shall
be held in trust by the Secretary for the benefit of the tribe.