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(a) The Yurok Tribal Court shall have full power to liquidate the assets and affairs of a nonprofit corporation in any action by a member or director when:

(1) The directors are deadlocked in the management of the corporate affairs, and irreparable injury to the corporation is either being suffered or is threatened thereby; and either:

(A) The members are unable to break the deadlock; or

(B) There are no members having voting rights;

(2) The acts of the directors, or those in control of the corporation, are proven to be illegal, oppressive or fraudulent; or

(3) Corporate assets are being misapplied or wasted; or

(4) The corporation is unable to carry out its purposes;

(5) A creditor’s claim has been reduced to judgment, and execution on the judgment has been returned unsatisfied, and it is established that the corporation is insolvent; or

(6) The corporation has admitted in writing the creditor’s claim is valid; and the claim is still due and owing; and it is established that the corporation is insolvent; or

(7) The corporation petitions the Court to conduct dissolution under Court supervision; or

(8) An action has been commenced by the Clerk of the Tribal Council or his/her designee, and a showing is made that liquidation of its assets should precede entry of a decree of dissolution.

(b) It shall not be necessary to make directors or members parties to any such action or proceeding unless relief is sought against them personally. [Ord. 18 Part VI § 22, adopted, 10/7/2008.]