The following entities may not participate in a transaction under this chapter:
(1) a financial institution; in this paragraph, “financial institution” has the meaning given in AS 06.01.050;
(2) an insurer regulated by AS 21, including a fraternal benefit society regulated under AS 21.84;
(3) a business and industrial development corporation under AS 10.10;
(4) a BIDCO under AS 10.13;
(5) a cooperative under AS 10.15;
(6) a cooperative under AS 10.25 (Electric and Telephone Cooperative Act);
(7) a public corporation; or
(8) a municipality.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 55. Alaska Entity Transactions Act
Article 1. General Provisions.
Sec. 10.55.103. Relationship of this chapter to other laws.
Sec. 10.55.104. Required notice or approval.
Sec. 10.55.105. Status of filings.
Sec. 10.55.106. Nonexclusivity.
Sec. 10.55.107. Reference to external facts.
Sec. 10.55.108. Alternative means of approval of transactions.
Sec. 10.55.109. Dissenters' rights.