00HOUSE BILL NO. 392                                                                                                      
01 "An Act relating to the affirmative vote necessary to amend the articles of                                             
02 incorporation of Native village corporations to authorize the classification of                                         
03 directors."                                                                                                             
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1.  Section 10, ch. 166, SLA 1988, as amended by sec. 57, ch. 50, SLA 1989,                                
06 is amended by adding a new subsection to read:                                                                          
07  (d)  Notwithstanding (a) of this section and AS 10.06.455(b), an amendment                                            
08 to the articles of incorporation of a village corporation organized under 43 U.S.C.                                     
09 1601 - 1629e (Alaska Native Claims Settlement Act) and incorporated under                                               
10 former AS 10.05.005 to add a provision authorizing the classification of directors                                      
11 under AS 10.06.455 may be adopted by the affirmative vote of a majority of the                                          
12 shares represented at a regular or special meeting at which a quorum is present                                         
13 in person or by proxy.