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25 U.S.C. § 5205 — Amendment or revocation of charters; suits by and against associations
Federal law — U.S. Code and appendices · legal_authorities
The charters of any cooperative association organized pursuant to [section 5204 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5204&num=0&edition=prelim) shall not be amended or revoked by the Secretary except after a majority vote of the membership. Such cooperative associations may sue and be sued in any court of the State of Oklahoma or of the United States having jurisdiction of the cause of action, but a certified copy of all papers filed in any action against a cooperative association in a court of Oklahoma shall be served upon the Secretary of the Interior, or upon an employee duly authorized by him to receive such service. Within thirty days after such service or within such extended time as the trial court may permit, the Secretary of the Interior may intervene in such action or may remove such action to the United States district court.
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Stable record: federal_law:legal_authorities:record_usc_3432d020a1cde33949ce712f
Source file: Laws/federal/codes/united-states-code/title-25/section-5205-amendment-or-revocation-of-charters-suits-by-and-against-associations--089c94b119.md
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Source location: Title 25, Chapter 45A, § 5205; chapter-45a-oklahoma-indian-welfare.md
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The charters of any cooperative association organized pursuant to [section 5204 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5204&num=0&edition=prelim) shall not be amended or revoked by the Secretary except after a majority vote of the membership. Such cooperative associations may sue and be sued in any court of the State of Oklahoma or of the United States having jurisdiction of the cause of action, but a certified copy of all papers filed in any action against a cooperative association in a court of Oklahoma shall be served upon the Secretary of the Interior, or upon an employee duly authorized by him to receive such service. Within thirty days after such service or within such extended time as the trial court may permit, the Secretary of the Interior may intervene in such action or may remove such action to the United States district court.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section 505 was editorially reclassified as [section 5205 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5205&num=0&edition=prelim).
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Federal law — U.S. Code and appendices · legal_authorities
Any ten or more Indians, as determined by the official tribal rolls, or Indian descendants of such enrolled members, or Indians as defined in the Act of June 18, 1934 (48 Stat. 984) [[25 U.S.C. 5101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5101&num=0&edition=prelim) et seq.], who reside within the State of Oklahoma in convenient proximity to each other may receive from the Secretary of the Interior a charter as a local cooperative association for any one or more of the following purposes: Credit administration, production, marketing, consumers’ protection, or land management. The provisions of this chapter, the regulations of the Secretary of the Interior, and the charters of the cooperative associations issued pursuant thereto shall govern such cooperative associations: Provided, That in those matters not covered by this chapter, regulations, or charters, the laws of the State of Oklahoma, if applicable, shall govern. In any stock or nonstock cooperative association no one member shall have more than one vote, and membership therein shall be open to all Indians residing within the prescribed district.
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Federal law — U.S. Code and appendices · legal_authorities
Page 707
TITLE 25—INDIANS
§ 5205
any other Indian or Indians of the same or any
other tribe, at a fair valuation to be fixed by the
appraisement satisfactory to the Indian owner
or owners, or if offered for sale at auction said
Secretary shall have a preference right, in his
discretion, to purchase the same for or in behalf
of any other Indian or Indians by meeting the
highest bid otherwise offered therefor.
The preference right of the Secretary to pur-
chase shall be considered as waived where notice
of the pendency of sale is given in writing to the
Superintendent of the Five Civilized Tribes for
at least ten days prior to the date of sale and
the Secretary does not within that time exercise
the preferential right to purchase.
(June 26, 1936, ch. 831, § 2, 49 Stat. 1967; Aug. 4,
1947, ch. 458, § 10, 61 Stat. 734.)
Editorial Notes
CODIFICATION
Section was formerly classified to section 502 of this
title prior to editorial reclassification and renumbering
as this section.
AMENDMENTS
1947—Act Aug. 4, 1947, added second paragraph.
§ 5203. Organization of tribes or bands; constitu-
tion; charter; right to participate in revolv-
ing credit fund
Any recognized tribe or band of Indians resid-
ing in Oklahoma shall have the right to organize
for its common welfare and to adopt a constitu-
tion and bylaws, under such rules and regula-
tions as the Secretary of the Interior may pre-
scribe. The Secretary of the Interior may issue
to any such organized group a charter of incor-
poration, which shall become operative when
ratified by a majority vote of the adult members
of the organization voting: Provided, however,
That such election shall be void unless the total
vote cast be at least 30 per centum of those enti-
tled to vote. Such charter may convey
Source: Supplied 2024 U.S. Code historical extraction · 25 U.S.C. § 5205
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