First Nation Corporation definition

First Nation Corporation means a corporation in which at least a majority of the shares are held in trust for the benefit of the First Nation or all of the members of the First Nation;
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First Nation Corporation. ’ means a corporation constituted by federal law, provincial law or under a law of a recognized First Nation, which has its head office on First Nation lands, and is owned by a recognized First Nation or First Nations or a member of a First Nation.
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Examples of First Nation Corporation in a sentence

  • Subject to 1.9.3, nothing in this Agreement affects the ability of a Maa-nulth First Nation, Maa-nulth First Nation Government, Maa-nulth First Nation Public Institution or Maa-nulth First Nation Corporation to participate in, or benefit from, programs established by Canada or British Columbia for aboriginal people, registered Indians or other Indians, in accordance with criteria established for those programs from time to time.

  • Education about what the shareholder role is.Need education about the model itself – need to explain what happens with assets under the Corporation in the event that it dissolves what happens to the assets – fear of losing community assets.Education about why a First Nation Corporation is subject to tax – because Corporation is not considered an Indian – Corporation is a legal fiction.Not clear how Council as a whole will be affected by the Corporation, if at all.

  • Similarly, a Westbank First Nation Corporation may benefit from an income tax exemption provided it meets the requirements set out in this part.

  • Similarly, “municipal services corporation” defined in Schedule B, section 15(3) should include a First Nation Corporation incorporated under the laws of Ontario or Canada.

  • The First Nation Corporation incorporated for the East Side Transportation Initiative is required to have a Board of Directors, General Manager, and finance, safety, and environment staff.

Related to First Nation Corporation

  • First Nation means the ___________ First Nation, being a band named in the schedule to the Act;

  • Gas Corporation means the body corporate established by section 4 of the Gas Corporation Act 1994;

  • LLC means Limited Liability Company.

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Bishop means the Bishop of the Roman Catholic diocese of Leeds in which the Academy Trust Company is situated (as defined in Canon law) and includes any person exercising Ordinary jurisdiction in his name (including Vicars General and Episcopal Vicars) and any person delegated by him, including officers of the Diocese;

  • School Corporation means the Western Xxxxx County Community School Corporation of the County of Xxxxx of the State of Indiana;

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Mutual housing corporation means a corporation not-for-profit,

  • Municipal corporation means, in general terms, a status conferred upon a local government unit, by state law giving the unit certain autonomous operating authority such as the power of taxation, power of eminent domain, police power and regulatory power, and includes a joint economic development district or joint economic development zone that levies an income tax under section 715.691, 715.70, 715.71, or 715.74 of the Ohio Revised Code.

  • Metro means Metropolitan Transit Authority of Harris County, Texas.

  • Spring means a source of water where an aquifer comes in contact with the ground surface.

  • Crosswalk means that part of a roadway at an intersection included within the connections of the