A Stock Will enables shareholders to legally pass their class A, B, and D shares through inheritance. All shareholders who hold transferable stock should exercise this right by completing a Doyon Stock Will. Doyon encourages shareholders to leave their stock to their children or lineal descendants. To retain voting rights, heir(s) must be Alaska Native.
It is a shareholder’s responsibility to regularly monitor their stock will in case of life changes, i.e., marriage, birth, death, or divorce.
Doyon offers safe keeping for stock wills and recommends that the original document is returned to the office.
All shareholders with a valid stock will and mailing address on file are entered in our Quarterly Stock Will Prize Drawing.
Drawing Dates:
March 30
June 30
September 30
December 30
Quarterly Prizes:
1– $300.00
1– $200.00
5– $100.00
Things to keep in mind:
A General Will may also govern the transfer of Doyon shares. Shares can be directly mentioned or pass through the residual clause. However, Doyon encourages you to allocate your shares through a stock will.
If a General Will DOES NOT directly mention Doyon shares and the shareholder completed a Stock Will prior, the determination may revert to the Stock Will.
If no will is located at the time of a shareholders passing, shares transfer per the Alaska State laws of intestacy.
To request a stock will form, please contact Doyon Shareholder Records at (888) 475-4755, ext. 2040, direct at (907) 459-2040 or via email at records@doyon.com
