Alaska Statutes
Chapter 45. Alaska Credit Union Act
Sec. 06.45.400. Definitions.

In this chapter,
(1) “commissioner” means the commissioner of commerce, community, and economic development;
(2) “credit union” means a cooperative association organized in accordance with the provisions of this chapter for the purpose of promoting thrift among its members and creating a source of credit for provident or productive purposes;
(3) “credit union association” means an organization established primarily to serve the needs of its member credit unions under regulations adopted by the commissioner.

Structure Alaska Statutes

Alaska Statutes

Title 6. Banks and Financial Institutions

Chapter 45. Alaska Credit Union Act

Sec. 06.45.010. Responsibility of commissioner.

Sec. 06.45.020. Formation of credit union.

Sec. 06.45.030. Approval of articles of incorporation and issuance of certificate of authority.

Sec. 06.45.040. Fees.

Sec. 06.45.050. Reports and examinations.

Sec. 06.45.060. Powers of a credit union; remedy for interest violations.

Sec. 06.45.070. Membership.

Sec. 06.45.080. Meetings of members.

Sec. 06.45.090. Management of credit union.

Sec. 06.45.100. Compensation.

Sec. 06.45.110. Executive officers.

Sec. 06.45.120. Board of directors.

Sec. 06.45.130. Applications for membership.

Sec. 06.45.140. Powers and duties of credit committee.

Sec. 06.45.150. Loan restriction.

Sec. 06.45.160. Security.

Sec. 06.45.170. Powers and duties of supervisory committee; suspension of committee members.

Sec. 06.45.180. Reserves.

Sec. 06.45.190. Dividends.

Sec. 06.45.200. Expulsion and withdrawal of members.

Sec. 06.45.210. Minors or trusts.

Sec. 06.45.220. Suspension, conditional operation, and liquidation.

Sec. 06.45.230. Exemption from taxation.

Sec. 06.45.240. Conversions.

Sec. 06.45.250. Insurance of member accounts.

Sec. 06.45.260. Liquidity facility participation.

Sec. 06.45.270. Conflict of interest.

Sec. 06.45.280. Merger.

Sec. 06.45.290. Branch offices.

Sec. 06.45.295. Automated teller machines.

Sec. 06.45.300. Unauthorized conduct of credit union business.

Sec. 06.45.310. Transfer of credit union's property to preferred creditor is void.

Sec. 06.45.340. Limitations on credit unions.

Sec. 06.45.400. Definitions.