Distribution rights

Section 7 of the Alaska Native Claims Settlement Act (43 U.S.C. 1606) is amended— (1) in subsection (j)— (A) in the third sentence, by striking In the case and inserting the following: (3) Thirteenth regional corporation In the case; (B) in the second sentence, by striking Not less and inserting the following: (2) Minimum allocation Not less; (C) by striking (j) During and inserting the following: (j) Distribution of corporate funds and other net income (1) In general During; and (D) by adding at the end the following: (4) Native Villages villages of Haines, Ketchikan, Petersburg, Tenakee, haines, ketchikan, petersburg, tenakee, and Wrangell wrangell Native members of the Native Villages of Haines, Ketchikan, Petersburg, Tenakee, and Wrangell who become shareholders in an Urban Corporation for such a Native Village shall continue to be eligible to receive distributions under this subsection as at-large shareholders of the Regional Corporation for Southeast Alaska.; and (2) by adding at the end the following: (s) Effect of amendatory Act The Unrecognized Southeast Alaska Native Communities Recognition and Compensation Act and the amendments made by that Act shall not affect— (1) the ratio for determination of revenue distribution among Native Corporations under this section; or (2) the settlement agreement among Regional Corporations or Village Corporations or other provisions of subsection (i) or (j)..