15-4-102. PURPOSE AND CONSTRUCTION.

  1. The purposes of this Chapter are:
    1. To establish a uniform system of creation and regulation of tribal entities for both economic and governmental purposes;
    2. To preserve the sovereign immunity and protect the credit of the Rosebud Sioux Tribe;
    3. To provide for partial waivers of sovereign immunity by tribal entities with adequate safeguards, as required by economic and governmental necessity;
    4. To provide for insulation of tribal economic entities from the shifts of policy of tribal politics;
    5. To provide stability and increase the statute of tribal entities in the commercial world; and
    6. To ensure that tribal entities comply with tribal law.
  2. The provisions of this Chapter shall be liberally construed and applied to promote its underlying purpose and policies.
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