Shareholder rules are in flux
Submitted by rwk on Sat, 03/11/2006 - 7:15pm.
NATIVE CORPORATIONS: A bill Bush may sign would make it easier to enroll.
By PAULA DOBBYN
Anchorage Daily News
Published: March 2, 2006
Last Modified: March 2, 2006 at 04:30 AM
A bill awaiting President Bush's signature would make it much easier to become a shareholder of an Alaska Native corporation.
The House of Representatives this week joined the Senate in passing legislation, sponsored by Sen. Lisa Murkowski, R-Alaska, that would relax the standards Native corporations must meet to enroll new shareholders. The bill was pushed by Doyon Ltd. of Fairbanks and Sealaska Corp. of Juneau.
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