In AS 10.13.250 - 10.13.280, “hold control” means to directly or indirectly own, of record or beneficially, 50 percent or more of a business's outstanding voting equity interests.
Structure Alaska Statutes
Title 10. Corporations and Associations
Article 3. Transaction of Business.
Sec. 10.13.180. Business of licensee.
Sec. 10.13.190. General powers.
Sec. 10.13.200. Financing assistance form, terms, and conditions.
Sec. 10.13.210. Financing assistance allowed.
Sec. 10.13.220. Participation in governmental programs.
Sec. 10.13.230. Scope of management assistance.
Sec. 10.13.240. Limitation to purposes of business.
Sec. 10.13.250. Holding control of another business generally.
Sec. 10.13.260. Control of assisted business.
Sec. 10.13.270. Control of business providing financing assistance and management assistance.
Sec. 10.13.280. Department approval to hold control of other businesses.
Sec. 10.13.285. “Hold control” defined.
Sec. 10.13.290. Business practice standards and reserves.
Sec. 10.13.300. Disclosure of potential conflict of interest.
Sec. 10.13.310. Terms and conditions where potential conflict of interest is involved.
Sec. 10.13.320. Examples of potential conflicts of interest.