Alaska Statutes
Chapter 06. Alaska Corporations Code
Article 4. Corporate Finance.

Sec. 10.06.305. Issuance of and requirements for shares. - (a) Subject to the provisions of this chapter, a corporation...

Sec. 10.06.308. Issuance of preferred or special classes of shares. - If authorized by the articles of incorporation, a corporation may...

Sec. 10.06.310. Issuance of shares in series. - If authorized by the articles of incorporation, the shares of...

Sec. 10.06.313. Variation in rights and preferences of shares. - Any or all of the rights and preferences of a...

Sec. 10.06.315. Series rights and preferences established by board. - If the articles of incorporation expressly vest authority in the...

Sec. 10.06.318. Manner of establishing series. - If the authority to establish a series is contained in...

Sec. 10.06.320. Filing of statement before issuance of class or series. - (a) Before the issuance of shares of a class the...

Sec. 10.06.323. Effect of filing statement. - When the commissioner has filed the statement under AS 10.06.320,...

Sec. 10.06.325. Redemption of shares; creation of sinking fund; repurchase agreements. - (a) A corporation may provide in the articles of incorporation...

Sec. 10.06.328. Irrevocability of subscriptions for shares. - A subscription for shares of a corporation to be organized...

Sec. 10.06.330. Payment of subscription for shares. - Unless otherwise provided in the subscription agreement, subscriptions for shares,...

Sec. 10.06.333. Remedies for default in payment. - In case of default in the payment of an installment...

Sec. 10.06.335. Consideration for shares. - Shares may be issued for consideration expressed in dollars fixed...

Sec. 10.06.338. Payment for shares. - (a) Consideration for the issuance of shares may be paid,...

Sec. 10.06.340. Judgment of board or shareholders as to value of consideration. - In the absence of fraud in the transaction, the judgment...

Sec. 10.06.343. Share rights and options. - Subject to a provision in its articles, a corporation may...

Sec. 10.06.345. Expenses of organization, reorganization, and financing. - The reasonable charges and expenses of organization or reorganization of...

Sec. 10.06.348. Certificates representing shares. - Except as otherwise provided under AS 10.06.349, the shares of...

Sec. 10.06.349. Shares without certificates. - (a) Unless the articles or bylaws provide otherwise, the board...

Sec. 10.06.350. Information required to be stated on certificate. - (a) Each certificate representing shares issued by a corporation authorized...

Sec. 10.06.353. Full payment required for share. - A share with or without a certificate may not be...

Sec. 10.06.355. Issuance of fractional shares or scrip. - (a) A corporation may issue a fractional share, and, by...

Sec. 10.06.356. Shares held by nominees. - (a) A corporation may establish a procedure by which the...

Sec. 10.06.358. Distributions; conditions; financial statements and determinations. - (a) A corporation or a subsidiary of the corporation may...

Sec. 10.06.360. Prohibited distribution; inability to meet maturing liabilities. - A corporation or subsidiary of a corporation may not make...

Sec. 10.06.363. Prohibited distribution on junior shares; liquidation preference. - A corporation or subsidiary of a corporation may not make...

Sec. 10.06.365. Prohibited distribution on junior shares; relationship to retained earnings. - A corporation or a subsidiary of a corporation may not...

Sec. 10.06.368. Exception for purchase or redemption of shares of deceased shareholder. - The provisions of AS 10.06.358, 10.06.360, 10.06.363, and 10.06.365 do...

Sec. 10.06.370. Inapplicability to regulated investment company. - The provisions of AS 10.06.358 do not apply to a...

Sec. 10.06.373. Share dividends: restrictions. - A dividend payable in shares of a class may not...

Sec. 10.06.375. Additional restrictions in articles, bylaws, indentures, or agreements. - Nothing in this chapter prohibits additional restrictions upon the declaration...

Sec. 10.06.378. Liability of shareholders receiving prohibited distributions; suit against shareholders. - (a) A shareholder who receives a distribution prohibited by this...

Sec. 10.06.380. Identification of distribution in notice to shareholders. - A distribution other than one chargeable to retained earnings shall...

Sec. 10.06.383. Inapplicability to winding up and involuntary or voluntary dissolution. - AS 10.06.305 - 10.06.390 do not apply in a proceeding...

Sec. 10.06.385. Redemption of shares at the option of corporation; manner. - (a) A corporation may redeem any or all shares that...

Sec. 10.06.388. Acquisition of corporation's own shares; reissuance or retirement. - (a) When a corporation purchases or redeems or otherwise acquires...

Sec. 10.06.390. Capitalization of retained earnings. - The paid-in capital of a corporation may be increased by...