The proceeds of the telephone cooperative gross revenue tax and the electric cooperative tax, less the amount expended by the state in their collection, shall be refunded to an organized borough or a city of any class incorporated under state law, in the proportion that the revenue was earned within the city or the borough area outside the city. However, taxes collected on gross revenue earned by a telephone cooperative or on the sale of electricity by an electric cooperative outside a city or organized borough shall be retained by the state and deposited into its general fund.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 25. Electric and Telephone Cooperative Act
Article 4. Miscellaneous Provisions.
Sec. 10.25.370. Filing of articles, certificates, and affidavits.
Sec. 10.25.375. Cancellation of certificates issued and filings accepted.
Sec. 10.25.380. Nonprofit operation.
Sec. 10.25.390. Disposition of property to secure indebtedness.
Sec. 10.25.400. Limitations on disposition of property.
Sec. 10.25.410. Nonliability of members for debts of cooperative.
Sec. 10.25.420. Effect of recordation of mortgages and other instruments.
Sec. 10.25.430. Validity of mortgage under Rural Electrification Act.
Sec. 10.25.440. Construction standards.
Sec. 10.25.450. Directors, officers, or members as notaries.
Sec. 10.25.460. Registered office and registered agent.
Sec. 10.25.470. Change of registered office or registered agent.
Sec. 10.25.480. Execution and filing of statement.
Sec. 10.25.490. Resignation of registered agent.
Sec. 10.25.500. Service on cooperative.
Sec. 10.25.510. Service on commissioner.
Sec. 10.25.520. Other means of service not affected.
Sec. 10.25.540. Business license and taxation of cooperatives.
Sec. 10.25.550. Amount of telephone cooperative gross revenue tax.
Sec. 10.25.555. Amount of electric cooperative tax.
Sec. 10.25.560. Manner of computing telephone cooperative gross revenue.
Sec. 10.25.570. Refund to local governments.
Sec. 10.25.580. Inventory and fixtures subject to taxation.
Sec. 10.25.590. Connection and interconnection of facilities.
Sec. 10.25.600. Correction of defectively organized cooperatives.