Page:United States Statutes at Large Volume 101 Part 3.djvu/491

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PUBLIC LAW 100-000—MMMM. DD, 1987

PUBLIC LAW 100-241—FEB. 3, 1988

101 STAT. 1789

(B) whether Natives born after December 18, 1971, should participate in the settlement; (7) by granting the shareholders of each Native Corporation options to structure the further implementation of the settlement, Congress is not expressing an opinion on the manner in which such shareholders choose to balance individual rights and communal rights; (8) no provision of this Act shall— (A) unless specifically provided, constitute a repeal or modification, implied or otherwise, of any provision of the Alaska Native Claims Settlement Act; or (B) confer on, or deny to, any Native organization any degree of sovereign governmental authority over lands (including management, or regulation of the taking, of fish and wildlife) or persons in Alaska; and (9) the Alaska Native Claims Settlement Act and this Act are Indian legislation enacted by Congress pursuant to its plenary authority under the Constitution of the United States to regulate Indian affairs. NEW DEFINITIONS

SEC. 3. Section 3 (43 U.S.C. 1602) is amended— (1) by inserting "group," after "individual," in subsection (h); (2) by striking out "and" at the end of subsection (k); (3) by striking out the period at the end of subsection (1) and inserting in lieu thereof a semicolon; (4) by striking out "Native Group." in subsection (m) and inserting in lieu thereof "Group Corporation;"; and (5) by adding at the end thereof the following new subsections: "(n) 'Group Corporation' means an Alaska Native Group Corporation organized under the laws of the State of Alaska as a business for profit or nonprofit corporation to hold, invest, manage and/or distribute lands, property, funds, and other rights and assets for and on behalf of members of a Native group in accordance with the terms of this Act; "(o) 'Urban Corporation' means an Alaska Native Urban Corporation organized under the laws of the State of Alaska as a business for profit or nonprofit corporation to hold, invest, manage and/or distribute lands, property, funds, and other rights and assets for and on behalf of members of an urban community of Natives in accordance with the terms of this Act; "(p) 'Settlement Common Stock' means stock of a Native Corporation issued pursuant to section 7(g)(1) that carries with it the rights and restrictions listed in section 7(h)(1); "(q) 'Replacement Common Stock' means stock of a Native Corporation issued in exchange for Settlement Common Stock pursuant to section 7(h)(3); "(r) 'Descendant of a Native' means— "(1) a lineal descendant of a Native or of an individual who would have been a Native if such individual were alive on December 18, 1971, or "(2) an adoptee of a Native or of a descendant of a Native, whose adoption— "(A) occurred prior to his or her majority, and "(B) is recognized at law or in equity;