; (v) by striking (C) the Village Corporation and inserting the following: (C) Conveyance to Municipal Corporation or the State in trust (i) In general The Village Corporation ; and (vi) by adding at the end the following: (iv) Cases in which conveyance shall not be required (I) In general Notwithstanding any other provision of this subparagraph, if a Village Corporation, prior to the date of enactment of the Alaska Native Village Municipal Lands Restoration Act of 2023 , conveyed to the State in trust all or a portion of the acreage of land required to be conveyed under this subparagraph for the establishment of a Municipal Corporation in the future, and a Municipal Corporation has not been established as of that date of enactment, on formal resolution by the Village Corporation and the residents of the Native village requesting dissolution of the trust, the trust shall be dissolved and title to the land shall revert to the Village Corporation, subject to subclause (III). (II) Additional land Notwithstanding any other provision of this subparagraph, as of the date of enactment of the Alaska Native Village Municipal Lands Restoration Act of 2023 , a Village Corporation shall not be required to convey any additional land in trust under this subparagraph for the establishment of a Municipal Corporation in the future. (III) Requirements In accordance with subsection (g)— (aa) the reversion of land to a Village Corporation pursuant to subclause (I) shall be subject to— (AA) valid existing rights created by the applicable trust; and (BB) any existing easements, rights-of-way necessary for public roadway access, or rights-of-way for access of holders of valid existing rights; and (bb) the Village Corporation shall assume the obligations of the applicable trust with respect to any lease or other use agreement applicable to the land on reversion of the land to the Village Corporation pursuant to subclause (I). .