Shareholders Descendant Stock

Class L Stock for Descendants

Approved by shareholder vote on June 7, 2008 to issue voting shares to eligible Ahtna descendants born after December 18, 1971.

Class L Eligibility Criteria

Direct Descendant: Child, grandchild, or lineal descendant of an original Ahtna shareholder.
Blood Quantum: 1/4 or more Alaska Native blood quantum.
Birth Date: Born after December 18, 1971.
Citizenship & Non-Enrollment: U.S. Citizen not enrolled as a shareholder in another ANCSA Regional Corporation (except via gifting/inheritance).

Minor vs Adult Share Distribution

Eligible descendants receive 100 shares of Class L Stock. Minors receive 30 shares upon enrollment, and the remaining 70 shares upon reaching age 18 and submitting proof of High School Diploma or GED (or reaching age 21).

Life Estate Stock Rules

Class L stock is "life estate" stock issued only for your lifetime. Upon a Class L shareholder's passing, shares are cancelled without compensation and cannot be transferred or gifted.