Effectively, the corporations hold title (including subsurface title in many cases, a privilege denied to individual alaskans) but cannot sell the land. Individual native allotments can be and are sold on the open market, however. Various private interests own the remaining land, totaling about one percent of the state. Alaska is, by a large margin, the state with the smallest percentage of private land ownership when native corporation holdings are excluded.
Another 44 million acres (18 million hectares) are owned by 12 regional, and scores of local, native corporations created under the alaska native claims settlement act (ancsa) of xxxx. Regional native corporation doyon, limited often promotes itself as the largest private landowner in alaska in advertisements and other communications. Provisions of ancsa allowing the corporations' land holdings to be sold on the open market starting in xxxx were repealed before they could take effect.