Alaska Statutes
Chapter 15. Alaska Cooperative Corporation Act
Article 1. Substantive Provisions.

Sec. 10.15.080. Determining who are shareholders for purposes of notice, voting, and dividends. - For the purpose of determining shareholders entitled to notice of...

Sec. 10.15.085. Subscription for shares. - A subscription for shares of a cooperative is irrevocable for...

Sec. 10.15.090. Limitation of liability of members. - Except for a debt lawfully contracted between a member and...

Sec. 10.15.095. Dividends on capital stock. - A cooperative organized with capital stock may pay the dividend...

Sec. 10.15.100. Recall, acquisition, exchange, redemption, and reissuance of stock or other evidence of equity. - Unless the articles provide otherwise, a cooperative may recall membership...

Sec. 10.15.105. Limitations on acquisition, recall, exchange, or redemption. - No acquisition, recall, or redemption of stock or other evidence...

Sec. 10.15.110. Status of acquired, recalled, exchanged, or redeemed shares. - When shares are acquired, recalled, exchanged or redeemed by the...

Sec. 10.15.115. Missing certificates or ownership records. - (a) When a certificate for a security issued by a...

Sec. 10.15.120. Meetings of members. - (a) Meetings of members may be held either inside or...

Sec. 10.15.125. Districts and district meetings. - A cooperative may provide in its bylaws (1) for the...

Sec. 10.15.130. Voting by members. - (a) Each member has one vote except that bylaws may...

Sec. 10.15.135. Quorum of members. - Ten percent of voting members, in person or by proxy,...

Sec. 10.15.140. Qualifications and membership of board of directors. - (a) The board of directors shall manage the business and...

Sec. 10.15.145. Initial board of directors. - Directors constituting the initial board hold office until the first...

Sec. 10.15.150. Election and terms of directors. - At the first annual meeting and at subsequent meetings, directors...

Sec. 10.15.155. Removal of directors. - A director may be removed upon a majority vote of...

Sec. 10.15.160. Filling unexpired term. - Unless the bylaws provide otherwise, a vacancy in the board...

Sec. 10.15.165. Meetings of board of directors. - (a) Regular or special meetings of the board may be...

Sec. 10.15.170. Executive committee. - (a) If the bylaws provide, the board may elect an...

Sec. 10.15.175. Officers. - (a) The principal officers of a cooperative are a president,...

Sec. 10.15.180. Compensation and benefits to directors, officers, and employees. - Unless the bylaws provide otherwise, (1) only the members of...

Sec. 10.15.185. Taking action without meeting. - Action required by this chapter to be taken at a...

Sec. 10.15.190. Waiver of notice. - Whenever a notice is required to be given to a...

Sec. 10.15.195. Voting requirements of articles. - If the articles require the vote of a greater proportion...

Sec. 10.15.200. Procedural requisites in action brought in right of cooperative by member or shareholder. - (a) An action may not be instituted or maintained in...

Sec. 10.15.205. Allowance of costs to plaintiff; accounting for proceeds. - If anything is recovered or obtained as the result of...

Sec. 10.15.210. Security for costs. - In an action brought in the right of a cooperative...

Sec. 10.15.215. Permitted purposes of cooperative contracts with members. - Contracts for any of the following purposes, whether contained in...

Sec. 10.15.220. Liquidated damages clause in cooperative contracts. - The contract referred to in AS 10.15.215 may fix and...

Sec. 10.15.225. Contracts between two or more cooperatives. - Two or more cooperatives may contract and act in association,...

Sec. 10.15.230. Recording of cooperative contracts. - A cooperative may record a contract authorized by this chapter...

Sec. 10.15.235. Recording of uniform cooperative contracts. - If the cooperative has substantially uniform contracts with more than...

Sec. 10.15.240. Recording procedure. - The recorder shall number consecutively and record each contract, and...

Sec. 10.15.245. Fees for recording contracts. - The fee for recording the contract is the same as...

Sec. 10.15.250. Effect of recording contract; subsequent interests and liens. - Recording under AS 10.15.230 - 10.15.260 operates as a constructive...

Sec. 10.15.255. Termination of recorded contract. - When a contract recorded under AS 10.15.230 - 10.15.260 has...

Sec. 10.15.260. Recording of list of terminated contracts. - A cooperative may record in the office of the recorder...

Sec. 10.15.265. Relief against breach or threatened breach of contract and penalty for interference. - (a) In the event of a breach or threatened breach...

Sec. 10.15.270. Action for civil penalty for inducing breach of contract with cooperative or spreading false reports about cooperative. - In addition to the remedies provided in AS 10.15.265(b), a...

Sec. 10.15.275. Apportionment and distribution of net proceeds, savings, or net losses. - The net proceeds or savings of a cooperative shall be...

Sec. 10.15.280. Manner of payment. - The apportionment, distribution, and payment of net proceeds or savings...

Sec. 10.15.285. Manner of apportionment and distribution. - (a) Apportionment and distribution of net proceeds or savings or...

Sec. 10.15.290. Determination of net proceeds, savings, or losses. - For the purposes of AS 10.15.275 - 10.15.290 net proceeds...

Sec. 10.15.295. Unclaimed distribution, redemptions, or payments. - A distribution of net margins by a cooperative or a...

Sec. 10.15.300. Sale or other disposition of entire assets in regular course of business. - The sale, lease, exchange or other disposition of all, or...

Sec. 10.15.305. Sale or other disposition of entire assets not in regular course of business. - A sale, lease, exchange, or other disposition of all, or...

Sec. 10.15.310. Abandonment of sale or other disposition. - After authorization by votes of members and shareholders, the board...

Sec. 10.15.315. Books and records; inspection. - (a) A cooperative shall keep correct and complete books and...

Sec. 10.15.320. Biennial report. - (a) Each cooperative shall file with the department before July...

Sec. 10.15.325. Form of biennial report; delinquent reports. - The biennial report shall be made on forms furnished by...

Sec. 10.15.330. Acceptance of biennial reports by department. - If the department finds that the biennial report conforms to...

Sec. 10.15.331. Filing notice of change of officer or director. - (a) In the event of a change of an officer...

Next >>

Alaska Statutes Chapter 15. Alaska Cooperative Corporation Act Article 1. Substantive Provisions.

Alaska Statutes
Chapter 15. Alaska Cooperative Corporation Act
Article 1. Substantive Provisions.