What is the difference between an A-class and B-class Shareholder?
A-Class Shareholders are Alaskan Natives who enrolled pursuant to the Alaska Native Claims Settle Act (ANCSA) as residents of a village in the Aleut Region. Shareholders who own A-Class shares are eligible for Corporation dividends, but they are not eligible for 7(j) distributions. The 7(j) distributions are revenues that the Corporation receives from the sale of natural resources of other ANCSA Regions. B-Class Shareholders are Alaskan Natives who enrolled pursuant to ANCSA into The Aleut Corporation Region, but are not enrolled in a village corporation in the Aleut Region. B-Class shareholders are most commonly referred to as At-large Shareholders. B-Class shareholders receive an annual 7(j) distribution.
