Settlement Common Stock
Defined in 2 places across 2 titles of the United States Code.
"Settlement Common Stock" means stock of a Native Corporation issued pursuant to section 1606(g)(1) of this title that carries with it the rights and restrictions listed in section 1606(h)(1) of this title;
Source
- 1994–present43 U.S.C. § 1602Public Lands · Definitions · for the purposes of this chapter
The term “Settlement Common Stock” has the meaning given such term by section 3(p) of the Alaska Native Claims Settlement Act (43 U.S.C. 1602(p)).
Source
- 2001–present26 U.S.C. § 646Internal Revenue Code · Tax treatment of electing Alaska Native Settlement Trusts · for purposes of this section