This page provides easy access to essential shareholder information, including responsibilities, stock wills, and direct deposit instructions. Everything you need to stay up to date is right here.
To ensure seamless communication and proper record-keeping, shareholders must keep their personal information up to date. It is the shareholder’s responsibility to notify NNAI of any changes to their name or address. Updates can be made by completing the Address and Name Change Form and submitting it via mail, email, or fax to the NNAI office.
Active participation in the Annual Meeting and shareholder voting is a key responsibility. Voting ensures your voice is heard and contributes to the future of NNAI.
Class A Shareholders:
Class A stockholders have voting rights and are eligible to receive dividends. Additionally, Class A common stock may be converted to Class B stock and passed to non-Native beneficiaries through a Stock Will.
Class B Shareholders:
Stock inherited through a Will by non-Native recipients remains eligible for dividends but does not include voting rights. Once Class B stock is transferred back to a Native shareholder, voting rights may be reinstated.
Every shareholder is encouraged to have a NNAI Stock Will (PDF) on file. Once completed, signed, and notarized, this document serves as a binding Last Will and Testament for stock distribution upon the shareholder’s passing.
If a General Will is later signed that specifically addresses NNAI stock distribution, it will override the Stock Will. Shareholders may revoke or update their Stock Will at any time by submitting a new one. In the absence of a Will, stock reallocation will be determined according to Alaska Statutes.
Checks issued by NNAI and the NNAI Settlement Trust can be cashed within 90 days of the issue date. Because of this policy, NNAI cannot reissue lost or missing checks until the 90-day period has passed.
After 90 days, shareholders may submit a Stop Payment Request Form (PDF) to request a replacement check. By submitting this request, shareholders agree not to cash the original check if it is later found. NNAI will verify with the bank whether the original check has been cashed. If the check remains outstanding, a replacement will be issued.
Replacement checks are mailed to the address NNAI has on file. To avoid delays, shareholders should ensure their address is current.
