🚀 go-pugleaf

Floyd L. Davidson wrote

> Venetie, for example, has been a legal reservation for decades.

While it was a reservation for many years, all reservations in Alaska
(except Metlakatla in SE) were eliminated by ANCSA.  Under ANCSA, they had
the choice of having the Village Corporation taking title to the land that
was within the reservation boundaries and not taking part in the cash
settlement, or they could take title to lands using the usual formula and
also getting cash.  Because most of the reservations were very large, they
wisely took the reservation lands.

> Any property that a corporation owns would default to State ownership if
and when > the corporation dissolved.
> 
> Village corporations and Alaska Native Regional corporations do
> not fit that category as they are not mandated to perform tasks
> for the State of Alaska.

Yes they do fit under this category.  Both Village and Regional
Corporations were required to form under state corporate statutes.  As with
any corporation, when it dissolves, it has to have a plan for distribution
of its assets, they don't automatically go to the state.  If a corporation
does not file it annual or biannual reports, it can be involuntarily
dissolved by the state.  After a period of 7 years, if the involuntarily
dissolved corporation has not distributed its assets, then they would
escheat to the State.  The main difference between a normal corporation and
village/regional one is that there are additional federal
protections/restrictions placed by ANCSA and ANILCA on the corporations.