(a) Shareholders are not required to be parties to a proceeding to dissolve a corporation, unless relief is sought against them individually.

(b) The Tribal Court may issue injunctions, appoint a receiver or trustee with all powers and duties the Court may authorize, take any and all action required to preserve corporate assets, wherever located, and carry on the business of the corporation until a full hearing can be held.

(c) If, following a hearing, the Tribal Court determines that one or more grounds for judicial dissolution described in YTC 8.25.090 exist, it may enter a decree dissolving the corporation and specifying the effective date of the dissolution.

(d) The Court shall deliver a certified copy of the decree of dissolution to the Yurok Tribal Council, which shall be kept on file by the Clerk of the Tribal Council, or his/her designee.

(e) After entering a decree of dissolution, the Court shall order the winding up of corporate affairs and liquidation of corporate assets. [Ord. 18 Part V § 10, adopted, 10/7/2008.]