When the commissioner has filed the statement under AS 10.06.320, the resolution fixing the rights, preferences, privileges, and restrictions of a wholly unissued class of shares or the resolution establishing and designating a series of shares and fixing and determining the relative rights and preferences of the series becomes effective and constitutes an amendment of the articles of incorporation.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Sec. 10.06.305. Issuance of and requirements for shares.
Sec. 10.06.308. Issuance of preferred or special classes of shares.
Sec. 10.06.310. Issuance of shares in series.
Sec. 10.06.313. Variation in rights and preferences of shares.
Sec. 10.06.315. Series rights and preferences established by board.
Sec. 10.06.318. Manner of establishing series.
Sec. 10.06.320. Filing of statement before issuance of class or series.
Sec. 10.06.323. Effect of filing statement.
Sec. 10.06.325. Redemption of shares; creation of sinking fund; repurchase agreements.
Sec. 10.06.328. Irrevocability of subscriptions for shares.
Sec. 10.06.330. Payment of subscription for shares.
Sec. 10.06.333. Remedies for default in payment.
Sec. 10.06.335. Consideration for shares.
Sec. 10.06.338. Payment for shares.
Sec. 10.06.340. Judgment of board or shareholders as to value of consideration.
Sec. 10.06.343. Share rights and options.
Sec. 10.06.345. Expenses of organization, reorganization, and financing.
Sec. 10.06.348. Certificates representing shares.
Sec. 10.06.349. Shares without certificates.
Sec. 10.06.350. Information required to be stated on certificate.
Sec. 10.06.353. Full payment required for share.
Sec. 10.06.355. Issuance of fractional shares or scrip.
Sec. 10.06.356. Shares held by nominees.
Sec. 10.06.358. Distributions; conditions; financial statements and determinations.
Sec. 10.06.360. Prohibited distribution; inability to meet maturing liabilities.
Sec. 10.06.363. Prohibited distribution on junior shares; liquidation preference.
Sec. 10.06.365. Prohibited distribution on junior shares; relationship to retained earnings.
Sec. 10.06.368. Exception for purchase or redemption of shares of deceased shareholder.
Sec. 10.06.370. Inapplicability to regulated investment company.
Sec. 10.06.373. Share dividends: restrictions.
Sec. 10.06.375. Additional restrictions in articles, bylaws, indentures, or agreements.
Sec. 10.06.380. Identification of distribution in notice to shareholders.
Sec. 10.06.383. Inapplicability to winding up and involuntary or voluntary dissolution.
Sec. 10.06.385. Redemption of shares at the option of corporation; manner.
Sec. 10.06.388. Acquisition of corporation's own shares; reissuance or retirement.