The duration of the corporation shall be 50 years, subject, however, to the right of the stockholders and the members to dissolve the corporation before the expiration of that period as provided in AS 10.10.180.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 10. Business and Industrial Development Corporation Act
Sec. 10.10.010. Incorporation.
Sec. 10.10.020. Assistance of commissioner.
Sec. 10.10.030. Articles of incorporation and certificate of incorporation.
Sec. 10.10.040. General powers.
Sec. 10.10.050. Authorization of members.
Sec. 10.10.060. Admission to membership.
Sec. 10.10.070. Loans by members.
Sec. 10.10.080. Duration of membership.
Sec. 10.10.090. Powers of stockholders and members.
Sec. 10.10.100. Voting by members and stockholders.
Sec. 10.10.110. Amendment of articles.
Sec. 10.10.120. Directors and officers; annual and special meetings.
Sec. 10.10.130. Earned surplus.
Sec. 10.10.140. Designation of depository; prohibition against receiving deposits.
Sec. 10.10.150. Examinations, reports of condition, and required information.
Sec. 10.10.160. First meeting of corporation.
Sec. 10.10.170. Duration of corporation.
Sec. 10.10.180. Dissolution of corporation.
Sec. 10.10.185. Cancellation of corporate filings.
Sec. 10.10.190. Prohibition of pledge of credit of state.