Page:United States Statutes at Large Volume 109 Part 1.djvu/173

 PUBLIC LAW 104-10—MAY 18, 1995 109 STAT. 157 respect to a non-village share, may rely upon the good faith opinion of a recognized firm of investment bankers or valuation experts. "(ii) Neither Cook Inlet Regional Corporation nor a member of the board of directors or officers of Cook Inlet Regional Corporation shall be liable for damages resulting from terms made in an offer made in connection with any purchase of Settlement Common Stock if the offer was made— "(I) in good faith; "(II) in reliance on a determination made pursuant to clause (i); and "(III) otherwise in accordance with this paragraph. "(K) The consideration given for the purchase of Settlement Common Stock made pursuant to an offer to purchase that provides for such consideration may be in the form of cash, securities, or a combination of cash and securities, as determined by the board of directors of Cook Inlet Regional Corporation, in a manner consistent with an amendment made pursuant to subparagraph (B). "(L) Sale of Settlement Common Stock in accordance with this paragraph shall not diminish a shareholder's status as an Alaska Native or descendant of a Native for the purpose of qualifying for those programs, benefits and services or other rights or privileges set out for the benefit of Alaska Natives and Native i^ericans. Proceeds from the sale of Settlement Common Stock shall not be excluded in determining eligibility for any needs-based programs that may be provided by Federal, State or local agencies.". (b) CONFORMING AMENDMENT.— Section 8(c) of such Act (43 U.S.C. 1607(c)) is amended by striking "(h)" and inserting "(h) (other than paragraph (4))". Approved May 18, 1995. LEGISLATIVE HISTORY—H.R. 421 (S. 444) (S. 719): HOUSE REPORTS: No. 104-40 (Comm. on Resources). SENATE REPORTS: Nos. 104-20 accompanying S. 444 and 104-49 accompanying S. 719 (both from Comm. on Energy and Natural Resources). CONGRESSIONAL RECORD, Vol. 141 (1995): Mar. 14, considered and passed House. Apr. 25, considered and passed Senate.

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