A compact was signed on July 30, 2008, between the Oglala Sioux Tribe and the South Dakota Secretary of State. This compact allows the Oglala Sioux Tribe to partner with and use the Secretary of State's uniform commercial code filing system.
This compact provides the ability for tribal members to have their collateral perfected, making loans more available from lending institutions and ultimately helping create business and industrial development on the reservation.
On July 30, 2015 the compact was renewed by South Dakota Secretary of State Shantel Krebs and Oglala Sioux Tribe President John Yellow Bird Steele, in a ceremony at Pine Ridge.
Photos from the MOU Re-Signing Ceremony - July 30, 2015