After extensive review of the survey results, the K’oyitl’ots’ina Board of Directors approved the open enrollment project in spring 2022 with Resolution No. 2022-08. K’oyitl’ots’ina shareholders will have the opportunity to vote on opening enrollment at the Annual Meeting on June 3, 2023.

 

The K’oyitl’ots’ina Board of Directors is in support, and recommends a “yes” vote on the open enrollment ballot question. To pass, the ballot question must receive a 50 percent plus 1 vote. Every vote matters, so don’t forget to return your completed proxy by the deadline! Proxies must be received by 5 p.m. AKDT on June 1, 2023, for your shares to be voted.

​

 

​

​

​

​

​

​

​

​

​

​

​

VOTE AND WIN!

 

Annual Meeting Prizes

By returning your proxy by the June 1 deadline, you’ll be entered to win Annual Meeting prizes, including:

 

• Grand prize: $1,000

• Village prizes: $500 (four each)

 

Annual Meeting Attendance Prizes

Attend the Annual Meeting on June 3 in Fairbanks and you’ll be eligible to win one of three $300 attendance prizes!

​

OPEN ENROLLMENT AT A GLANCE

If approved by shareholders, the open enrollment project would:

 

• Reclassify the current 75,000 shares of stock as “Class A Stock.”

• Authorize issuance of up to 200,000 shares of new descendant stock as “Class B Stock.”

• Authorize issuance of up to 50,000 shares of new Elder stock as “Class C Stock.”

 

Approval would allow K’oyitl’ots’ina to:

 

• Issue 25 shares of Class B Stock to descendants of original K’oyitl’ots’ina shareholders born after December 18, 1971, who are at least one-quarter Alaska Native or Alaska Native by adoption.

• Issue 25 shares of Class C Stock to existing shareholders who are at least 65 years of age and older (Elders).

​

OPEN ENROLLMENT ELIGIBILITY

To be eligible for Class B Stock, new descendant enrollees must:

 

• Be a direct descendant by birth of an original K’oyitl’ots’ina, Limited shareholder who received their shares directly from K’oyitl’ots’ina, Limited (not through gifting or inheritance).

• Be born after December 18, 1971.

• Have at least one-quarter Alaska Native blood quantum.

• Not be enrolled as a descendant in another ANCSA village corporation.

• Be a U.S. citizen.

 

Original shareholders age 65 and older who received shares directly from K’oyit’lots’ina are eligible to receive 25 shares of Class C Elder stock. Note that “original” does not include inherited and/or gifted shares. 

​

NEXT STEPS

 

If the open enrollment vote passes, K’oyitl’ots’ina will begin developing the system and processes to accept and process descendant applications. Work will also focus on expanding and enhancing shareholder records so we can best manage and serve a larger shareholder base. We expect this process to take one year, meaning we would begin accepting descendant applications in summer 2024.

​