Trust|

The Lax Kw’alaams Settlement Trust will be having the AGM, all members are invited to attend!

Date: October 10th, 2024
Time: TBA
Location in Lax Kw’alaams: Wap Suwilaawksa

Lax Kw’alaams Band Settlement Trust Agreement governs the operations of:

  • Beneficiaries of the trust
  • Restrictions on the use of the settlement monies (no per capita/no security/no lending)
  • Trust investment of the Capital
  • Eligibility, election and responsibility/duties of the Individual Trustees
  • Conflict of Interest
  • Annual Disbursement of net income – band benefits and band development
  • Responsibility of the First Nation
  • Building the Capital of the Trust
  • Council Resolutions

Please reference the link for more information on the Lax Kw’alaams Band Settlement Trust: https://laxkwalaams.ca/trust/#:~:text=History%20of%20the%20Trust,of%20Tsimpsean%20Indian%20Reserve%202.

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