Alaska Statutes
Article 4. Corporate Finance.
Sec. 10.06.345. Expenses of organization, reorganization, and financing.

The reasonable charges and expenses of organization or reorganization of a corporation, and the reasonable expenses of and compensation for the sale or underwriting of its shares, may be paid or allowed by the corporation out of the consideration received by the corporation in payment for its shares without rendering the shares not fully paid or assessable.

Structure Alaska Statutes

Alaska Statutes

Title 10. Corporations and Associations

Chapter 06. Alaska Corporations Code

Article 4. Corporate Finance.

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. 10.06.378. Liability of shareholders receiving prohibited distributions; suit against shareholders.

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.

Sec. 10.06.390. Capitalization of retained earnings.