15-3-165. DECREE OF DISSOLUTION.

1. If after a hearing the tribal court determines that one or more grounds for judicial dissolution described in section 162 exist, it may enter a decree dissolving the corporation and specifying the effective date of the dissolution, and the clerk of court shall deliver a certified copy of the decree to the Director of Corporations, who shall file it.
2. After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation’s business and affairs in accordance with section 157 and the notification of claimants in accordance with section 158 and 159.