Utah Dineh Corporation Inc
The Utah Diné Corporation is a nonprofit organization established in order to maintain the Utah Navajo Oil Reserve revenues in the Aneth Oil Field section of Utah. Much of this area is within the Utah Navajo side of San Juan County, Utah.
The Special Trustee for American Indians testified to the House Committee on Natural Resources and stated that his office did not have the capacity to administer the Utah Navajo Trust Fund in a manner required by the 1933 Act. The Utah Diné Corporation was established in order to maintain the Utah Navajo Oil Royalties after passage of Senate Bill 1690, proposed and sponsored by US Senator Robert Bennett (R-UT). It was to amend the Act of March 1, 1933, to transfer certain authority and resources to the Utah Diné Corporation, and for other purposes.
Read more about this topic: Navajo Nation, Economy
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