Settlement Trust
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 646 — for purposes of this section (4 versions over time)
The term “Settlement Trust” means a trust that constitutes a settlement trust under section 3(t) of the Alaska Native Claims Settlement Act (43 U.S.C. 1602(t)).
43 U.S.C. § 1602 — for the purposes of this chapter (2 versions over time)
“Settlement Trust” means a trust—
(1) established and registered by a Native Corporation under the laws of the State of Alaska pursuant to a resolution of its shareholders, and
(2) operated for the benefit of shareholders, Natives, and descendants of Natives, in accordance with section 1629e of this title and the laws of the State of Alaska.