When the Alaska Native Claims Settlement Act passed, 13 Alaska Native regional corporations were created and each enrolled Alaska Native individual received 100 shares of stock in their regional and/or village corporation. These shares of stock represent ownership of the corporation.
Today, more than 9,000 shareholders own CIRI stock. With that stock ownership comes three important responsibilities:
- Keeping current records with the CIRI Shareholder Relations Department;
- Voting in corporate elections; and
- Maintaining a valid, up-to-date Stock Will on file at CIRI.