(a) Unless a shareholders’ agreement or articles of incorporation provide otherwise, any shareholder of a corporation formed under this Code has an option to request that the corporation be dissolved.

(b) Whenever the option to dissolve at will is exercised, the shareholder exercising the option shall serve written notice thereof on all shareholders.

(c) The corporation, or one or more shareholders, may offer to purchase shares at their fair market value from the shareholder exercising the option to dissolve.

(d) If the parties cannot agree on the price for the shares, or other terms of the sale, any party may bring an action in Tribal Court to oversee terms of the sale, utilizing the procedures set forth in this Code.

(e) If no such written offer to purchase is received within 30 days following the date of service of notice by the moving shareholder, dissolution of the corporation shall proceed as if the required number of shareholders entitled to vote have consented.

(f) Unless the articles of incorporation provide otherwise, amending the articles of incorporation to include, or delete, a provision authorized by this section shall be approved by the holders of all outstanding shares, whether or not otherwise entitled to vote thereon, or all of the subscribers or all the incorporators in a like manner. [Ord. 18 Part V § 2, adopted, 10/7/2008.]