A legal doctrine that, among other things, generally prevents states from enforcing their laws against Native American tribes to thwart these state actions, TUCKER devised a scheme to claim that his lending businesses were protected by sovereign immunity. Starting in 2003, TUCKER joined into agreements with a few native tribes that are americanthe “Tribes”), such as the Santee Sioux Tribe of Nebraska, the Miami Tribe of Oklahoma, as well as the Modoc Tribe of Oklahoma.
The objective of these agreements would be to result in the Tribes to claim they owned and operated elements of TUCKER’s lending that is payday, lending businesses would claim to be protected by sovereign resistance.
In exchange, the Tribes received repayments from TUCKER, typically one per cent of this profits through the part of TUCKER’s lending that is payday that the Tribes purported to possess. Read more