### Question
What does sponsoring Native Corporation mean?


### Answer
**Sponsoring Native Corporation** has the following meaning in *26 U.S.C. § 646*:

> the Native Corporation which transfers assets to an electing Settlement Trust

#### Citation:
  - *26 U.S.C. § 646*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter J-Estates, Trusts, Beneficiaries, and Decedents > PART I-ESTATES, TRUSTS, AND BENEFICIARIES > Subpart A-General Rules for Taxation of Estates and Trusts**

