
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 25USC642]

 
                            TITLE 25--INDIANS
 
                        CHAPTER 14--MISCELLANEOUS
 
              SUBCHAPTER XXIII--HOPI TRIBE: INDUSTRIAL PARK
 
Sec. 642. Powers of Tribal Council

    The Hopi Tribal Council shall have the following powers:

(a) Sale of lands

    To sell any part of the lands within the Hopi Industrial Park.

(b) Mortgages or deeds of trust; law governing mortgage foreclosure or 
        sale; United States as party; removal of cases; appeals

    To execute mortgages upon, or deeds of trust to, the lands within 
said Hopi Industrial Park. Such lands shall be subject to foreclosure or 
sale pursuant to the terms of such mortgage or deed to trust in 
accordance with the laws of the State of Arizona. The United States 
shall be an indispensable party to, and may be joined in, any such 
proceeding involving said lands with the right to remove the action to 
the United States district court for the district in which the land is 
situated, according to the procedure in section 1446 of title 28, and 
the United States shall have the right to appeal from any order of 
remand entered in such action.

(c) Pledge of revenue or other income to secure indebtedness for 
        development of park; law governing action to enforce pledge; 
        United States as party

    To pledge any revenue or other income from lands within said Hopi 
Industrial Park, and the improvements situated thereon, and any other 
revenue or income that may be available to the Hopi Tribe without regard 
to source, to secure any indebtedness of the Hopi Tribe incurred in the 
development of said Hopi Industrial Park, and any action to enforce said 
pledge shall be in accordance with the laws of the State of Arizona, and 
the United States shall be an indispensable party thereto to the same 
extent and under the same conditions as hereinbefore provided in the 
case of mortgage foreclosures.

(d) Issuance of bonds and payment of costs thereof; sale of bonds at 
        public or private sale

    To issue bonds for and on behalf of the Hopi Tribe, and pay the 
costs thereof, to accomplish the purposes of this subchapter, in one or 
more series, in such denomination or denominations, maturing at such 
time or times, and in such amount or amounts, bearing interest at such 
rate or rates, in such form either coupon or registered, to be executed 
in such manner, payable in such medium of payment, at such place or 
places, subject to such terms of redemption, with or without premium, 
and containing such other restrictive terms as may be provided by tribal 
ordinance. Such bonds may be sold at not less than par at either public 
or private sale and shall be fully negotiable.

(e) Appointment of bank or trust company as trustee for purposes of 
        authorization and creation of issue of bonds; authority to 
        commence action to enforce obligations to tribe without joining 
        United States as party

    To appoint a bank or trust company with its home office in the State 
of Arizona having an officially reported combined capital, surplus, 
undivided profits and reserves aggregating not less than $10,000,000 as 
trustee for all of the purposes provided in the ordinance authorizing 
and creating any issue of bonds. Any trustee so appointed may be 
authorized to commence an action for and on behalf of, or on relation 
of, the Hopi Tribe to enforce any obligation to the tribe pledged to 
secure payment of the bonds without joining the United States as a party 
thereto.

(f) Entering business ventures as shareholder, or as limited partner 
        with corporation, firm or person operating within park

    To enter into any business venture as a shareholder of a corporation 
issuing nonassessable stock, or as a limited partner with any 
corporation, firm or person operating within said Hopi Industrial Park.

(g) Lease of lands and improvements thereon

    To lease lands within the Hopi Industrial Park, any other tribal 
lands, and the improvements thereon, in accordance with the provisions 
of Federal laws.

(Pub. L. 91-264, Sec. 2, May 22, 1970, 84 Stat. 260.)
