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Alaska Natives alive at ANCSA's enactment on December 17, 1971, who enrolled in a Native association (at the regional and/or village level) received 100 shares of stock in the respective corporation.
All twelve Alaska Native regional corporations marked their 50th birthdays, six months after they celebrated the anniversary of the Alaska Native Claims Settlement Act that authorized them. The past half-century has seen all twelve—and a few village corporations—grow into the largest Alaskan-owned companies, mostly outpacing the revenue of ...
Native corporations are the largest private landowners in Alaska, with title to 44 million acres of selected land throughout the state.
The Alaska Native Claims Settlement Act of 1971 (ANCSA) was a new approach by Congress to federal Indian policy. ANCSA extinguished aboriginal land title in Alaska.
Alaska Native regional corporations are owned by over 140,000 Alaska Native shareholders and hold title to nearly 27 million acres of land across Alaska. Alaska Native regional corporations manage the land for the benefit of their shareholders.
The U.S. Department of the Interior has a significant presence in Alaska and considerable interaction with the Alaska Native people. From the standpoint of our responsibilities to Alaskan Natives we definitely have an interest in providing continuing economic opportunities through federal contracts.
Twelve Unique Corporations with a Common Beginning in the Alaska Native Claims Settlement Act.