Grant Christensen on Cultural Property as a Form of Collateral in a Secured Transaction Under the Model Tribal Secured Transactions Act

Grant Christensen has posted his paper, “Selling Stories or You Can’t Own This: Cultural Property as a Form of Collateral in a Secured Transaction Under the Model Tribal Secured Transactions Act,” on SSRN.

Here is the abstract:

The Model Tribal Secured Transactions Act was recently proposed by the National Conference of Commissioners on Uniform State Laws. This article takes the position that the model act, if adopted, will encourage economic development in Indian Country by creating a set of uniform rules which both non-Indians and Indians can utilize to promote lending. Critically – before it is widely adopted, this article implores the NCCUSL to consider including in the model act – language that would protect tribal cultural property; and in the absence of such language, encourages tribes to modify the act to accomplish this protection. The stakes include the potential loss of priceless real and personal, tangible and intangible, cultural property which itself form the linchpin of both tribal identity and cultural expression for many indigenous communities in the United States and beyond.

Arizona Attorney Magazine Article on the Model Secured Transactions Act

Here is The Model Tribal Secured Transactions Act: Self-Determination and Tribal Economic Development.

NILL Blog Posting on Model Tribal Secured Transactions Act

From NILL:

The conference proceedings for “Sovereignty symposium 2007 : making medicine” (2007) provide a wealth of information on the Model Tribal Secured Transactions Act. The Act itself is provided, along with analysis, sample tribal codes/regulations and sample tribal compacts (or intergovernmental agreements). Much of the information is reprinted with permission from the National Conference of Commissioners on Uniform State Laws and can be accessed at the NCCUSL’s web site.

For more information, go to the National Indian Law Library’s online catalog at http://nillcat.narf.org/ Then type “security law” into the Subject Terms field.

Training on Model Tribal Secured Transactions Act

From the Houston Chronicle:

BROOMFIELD, Colo. — American Indians who had trouble getting loans because of a disparity between tribal and state laws are learning about new legislation that could make the process easier.

Representatives from about a dozen tribes around the country are expected to attend a meeting in this Denver suburb Friday and Saturday to discuss a model tribal law first adopted by Montana’s Crow Tribe last month.

Banks have previously been reluctant to loan money to people on reservations because of the difficulty of going through tribal courts if the borrower defaults. Under the “Model Tribal Secured Transaction Act,” tribal laws would conform to state laws if a default case ends up in tribal court.

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Call for Proposals: Model Tribal Code Drafting at the Uniform Law Commission

The Uniform Law Commission has a special committee that drafts model codes for tribal enactment. Most recently, they’ve drafted a model tribal secured transactions act that is largely based on the UCC’s Article 9 with key changes intended to address unique tribal concerns. The committee is in the process of selecting another model code drafting project, and it’s soliciting input on which codes might be tackled next. If you’d like to suggest a model code drafting project for the committee, contact Tim Berg, the Committee’s chair.

Call for Drafting Proposals

Drafting proposals must be submitted by February 28, 2008, and can be sent to Tim Berg at TBerg@FCLAW.com.