Laws: Cases and Codes : U.S. Code : Title 43 : Section 1606
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U.S. Code as of:
01/19/04
Section 1606 - Notes
SOURCE
(Pub. L. 92-203, Sec. 7, Dec. 18, 1971, 85 Stat. 691; Pub. L.
96-487, title XIV, Sec. 1401(a), (c), Dec. 2, 1980, 94 Stat. 2491,
2492; Pub. L. 100-241, Secs. 4, 5, 12(a), Feb. 3, 1988, 101 Stat.
1790, 1792, 1810; Pub. L. 102-415, Secs. 4, 8, Oct. 14, 1992, 106
Stat. 2113, 2114; Pub. L. 104-10, Sec. 1(a), May 18, 1995, 109
Stat. 155; Pub. L. 104-42, title I, Sec. 109(a), Nov. 2, 1995, 109
Stat. 357; Pub. L. 105-333, Secs. 8, 12, Oct. 31, 1998, 112 Stat.
3134, 3135; Pub. L. 106-194, Sec. 2, May 2, 2000, 114 Stat. 242.)
AMENDMENTS
2000 - Subsec. (h)(1)(C)(iii). Pub. L. 106-194 inserted before
period at end ", notwithstanding an adoption, relinquishment, or
termination of parental rights that may have altered or severed the
legal relationship between the gift donor and recipient".
1998 - Subsec. (i)(1). Pub. L. 105-333, Sec. 8(1), substituted
"(A) Except as provided by subparagraph (B), 70 percent" for
"Seventy per centum".
Pub. L. 105-333, Sec. 8(2), which directed the addition of
subpar. (B) at the end of subsec. (i), was executed by adding
subpar. (B) at the end of par. (1) of subsec. (i) to reflect the
probable intent of Congress.
Subsec. (r). Pub. L. 105-333, Sec. 12, added subsec. (r).
1995 - Subsec. (h)(4). Pub. L. 104-10 added par. (4).
Subsec. (i). Pub. L. 104-42 designated existing provisions as
par. (1) and added par. (2).
1992 - Subsec. (g)(1)(B)(i)(I). Pub. L. 102-415, Sec. 8, inserted
at end "and, at the further option of the Corporation, descendants
of Natives born after December 18, 1971,".
Subsec. (h)(1)(C)(iii). Pub. L. 102-415, Sec. 4, substituted
"nephew, or (if the holder has reached the age of majority as
defined by the laws of the State of Alaska) brother or sister" for
"or nephew".
1988 - Subsec. (g). Pub. L. 100-241, Sec. 4, amended subsec. (g)
generally. Prior to amendment, subsec. (g) read as follows: "The
Regional Corporation shall be authorized to issue such number of
shares of common stock, divided into such classes of shares as may
be specified in the articles of incorporation to reflect the
provisions of this chapter, as may be needed to issue one hundred
shares of stock to each Native enrolled in the region pursuant to
section 1604 of this title."
Subsec. (h)(1), (2). Pub. L. 100-241, Sec. 5, amended pars. (1)
and (2) generally, changing structure of each from a single
unlettered paragraph to one consisting of subpars. (A) to (C).
Subsec. (h)(3). Pub. L. 100-241, Sec. 5, amended par. (3)
generally, revising and restating as subpars. (A) to (E) provisions
of former subpars. (A) to (C).
Subsec. (o). Pub. L. 100-241, Sec. 12(a), struck out ", to the
Secretary of the Interior and to the Committees on Interior and
Insular Affairs of the Senate and the House of Representatives"
after "to each stockholder" in last sentence.
1980 - Subsec. (h)(1). Pub. L. 96-487, Sec. 1401(c), inserted "or
by stockholder who is a member of a professional organization,
association, or board which limits the ability of that stockholder
to practice his profession because of holding stock issued under
this chapter" after "divorce or child support". Section 1401(c) of
Pub. L. 96-487 directed that section 1696(h)(1) of this title be
amended, however, since no section 1696 of this title has been
enacted, amendment was executed to subsec. (h)(1) of this section
to reflect the probable intent of Congress.
Subsec. (h)(3). Pub. L. 96-487, Sec. 1401(a), substituted
provisions that provided on Dec. 18, 1991, all stock previously
issued be deemed canceled, and shares of stock of the appropriate
class be issued to each shareholder share for share subject only to
such restrictions as provided by the articles of incorporation, or
agreement between the corporation and individual, specified
restrictions which may be included by amendment in the articles of
incorporation, and provided voting requirements for amendment of
the articles of incorporation for approval of restrictions and the
grant of voting rights to stockholders who were previously denied
such rights for provision that provided on Jan. 1 of the
twenty-first year after the year in which this chapter was enacted,
all stock previously issued be deemed canceled and the shares of
stock of the appropriate class issued without restrictions required
by this chapter to each stockholder share for share.
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 1602, 1604, 1605, 1607,
1618, 1620, 1621, 1625, 1626, 1627, 1628, 1629, 1629b, 1629c,
1629d, 1629e, 1636 of this title; title 16 section 3181; title 25
section 1903; title 26 section 646; title 42 section 1382b; title
50 App. section 1989c-1.
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