Supreme Court upholds CIRI ruling

Posted: Sunday, April 06, 2008

ANCHORAGE - The Alaska Supreme Court has upheld a lower court ruling on payments the Cook Inlet Region Incorporated issues to older shareholders.

The Native corporation was sued by two shareholders over its payments to original shareholders over the age of 65.

The complaint involved a program CIRI set up in 2000 to benefit elders. It provided payments of $450 to any shareholder 65 or older who was an original enrollee.

A lower court had dismissed the challenge made by Eleanor Bodkin and Maria Coleman.

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