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(1) Limited Liability of Shareholders. A holder of shares of a corporation shall be under no obligation to the corporation or its creditors with respect to such shares other than the obligation to pay to the corporation the full consideration for which such shares were issued or to be issued.

(2) Limited Liability of the Tribe. The Tribe shall be under no obligation to the creditors of any corporation which the Tribe incorporates, owns or operates, in whole or in part, and the Tribe shall not be deemed to have waived any of the Tribe’s privileges or immunities, including without limitation its sovereign immunity, if the Tribe incorporates, owns or operates a corporation, in whole or in part.

(3) No Liability of the Tribe for Licensing. The Tribe and Samcor assume no liability for any business licensed by the Tribe, for any action arising from issuing said license. [Res. 2020-04-005 § 2, 2020.]