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The Act lays out the specifics of the corporations' status. Here is an excerpt of the relevant portion: [5] 43 U.S.C. § 1606 (a) Division of Alaska into twelve geographic regions; common heritage and common interest of region; area of region commensurate with operations of Native association; boundary disputes, arbitration.
The settlement established Alaska Native claims to the land by transferring titles to twelve Alaska Native regional corporations and over 200 local village corporations. [1] A thirteenth regional corporation was later created for Alaska Natives who no longer resided in Alaska. [1] The act is codified in chapter 33 of title 43 of the US Code. [4]
The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
Sealaska Corporation is one of thirteen Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. Headquartered in Juneau , Alaska , Sealaska is a for-profit corporation with more than 23,000 Alaska Native shareholders [ 1 ] primarily of Tlingit , Haida ...
Bristol Bay Native Corporation was incorporated in Alaska on June 13, 1972. [1] Headquartered in Anchorage , Alaska , Bristol Bay Native Corporation is a for-profit corporation with approximately 9,900 Alaska Native shareholders primarily of Eskimo , Aleut , and DenaŹ¼ina descent.
Cook Inlet Region, Inc. was incorporated in Alaska on June 8, 1972. [1] Headquartered in Anchorage, Alaska, CIRI is a for-profit corporation, and is owned by more than 7,300 Alaska Native shareholders of Athabascan and Southeast Indian, Inupiat, Yup’ik, Alutiiq and Aleut descent. [2]
Confederated Tribes of the Chehalis Reservation, 594 U.S. 338 (2021), was a United States Supreme Court case dealing with the classification of Alaska Native corporations (ANCs) for purposes of receiving funds set-aside for tribal governments under the CARES Act. In a 6–3 decision issued in June 2021, the Court ruled that ANCs were considered ...
Arctic Slope Regional Corporation was created under the Alaska Native Claims Settlement Act of 1971. [1] The initial shareholders were the 13,000 Iñupiaq Eskimos listed in the 1970 US census. [ citation needed ] Since April 1990 ASRC’s shareholder base grew from 3,700 shareholders in 1972 to about 14,000 today.