GZC February 2016 Shareholder News:
Here we are working right into 2016, at this time; all of our shareholders will have received their 1099 DIV 2015’s in the mail. To be assured you will be getting all of your GZC correspondence, it is always a good idea to keep your mailing address up to date with us, you may email us your address or drop us a letter.
This year we have had a large volume of request for the GZ Shares Gifting Form, the legal title of this form is called, Inter Vivos Transferal of Shares, latin; between the living: The Alaska Native Land Claims Settlement Act amendments of 1987 allows to gift stock to certain family members during their lifetime, where you may give to your eligible family members some or all of your GZ Stock, so they can enjoy being a GZ Shareholder as well.
Gifting of stock is a way to share your native heritage with loved ones.
As Alaskan Natives, under this ANSCA law we are only to gift our shares upon the condition we have not received anything of value and have not been promised anything of value in compensation for the stock. The gifting is to be completed as a voluntary act and the gift is for life. Remember, you will no longer be able to vote the stock you gifted to another. The gifting is irrevocable, meaning that I cannot take my gift back once it is given.
Further, gifting can only be given to a relative: a relative meaning, your child, your grandchild, your niece, your nephew or brother or sister. The Rights of a Stock Gift are Distribution, Voting Rights, and Beneficiary. Please find the Inter Vivos Transferal of Shares form available for download. Do contact our Shareholder Relations Specialist, Samantha Luke for further instruction.
There is language where a Child Support Order prohibits the Transfer of Stock.
Our Shareholders are also encouraged to keep their GZ Stock Will up dated. This form is available on our web page, you may down load the form, insert the names of those you will leave your stock to upon your death. These Stock Wills must be signed in front of a Notary to be considered a legal document.
We, here in Gwichyaa Zhee will be working to making preparations for our upcoming construction season so we will continue to get our new CHP: Combined Heat & Power project moving forward. This year we will get the cement slab down and start on the metal structure which will be our new Power House.
This does mean, to make plans on getting your documents in order to work, for we will hire local first.
From all of our Gwitchyaa Zhee Board of Directors & Staff, may God bless you. Mashii
Gwitchyaa Zhee Donation Request:
To obtain a Donation Request Form, please email firstname.lastname@example.org. Please submit your completed donation request, at least, 7 - 10 days prior to the GZ Corporate Board of Directors meeting.
Gwitchyaa Zhee Corporation Shareholder Relations:
As you know, it is important to keep your GZC Shareholder Records current; start with your Change of Address/ Information Form. For your convenience this form can be down loaded from this web site, please fill out our information and mail it to us.
Also you need to keep an up to date GZC Stock Will Form, in your file. This will answer who would you leave your shares to? This form can also be down loaded form this web site. Be sure to have this notarized before you return the Stock Will Form to us.
GZC Shareholder Condolences:
Our GZC Board of Directors and staff to want extend condolences to the families of our Shareholders this past year:
|Deanna R Turco
Nathaniel Englishoe Jr
|Michael D. Carroll
David Lee Thomas
|Earl Erick Jr.
Chester C. Fields