20-3-116. TRIBAL UTILITY COMMISSION ACCOUNT ESTABLISHED.

1. There is hereby authorized and directed to be established an account in federally insured financial institution to be known as the Tribal Utility Commission Account.
2. The Tribal Utility Commission Account shall be an interest bearing account and the funds therein may be invested and reinvested as approved by the Council.
3. No monies shall be released or expended from the Tribal Utility Commission Account except upon written resolution of the Council appropriating a specific amount of the monies contained therein for the use of a particular department, agency, or program of the Tribe. Such appropriated amount shall be directly transferred to the account of the receiving department, agency, or program named in the appropriation resolution.