(a) The question of holding an executive session shall be determined in accordance with AS 42.40.160. A subject may not be considered at an executive session unless it is mentioned in the motion calling for the executive session or is auxiliary to a subject mentioned. An action may not be taken at an executive session.
(b) Only the following subjects may be discussed in an executive session:
(1) matters, the immediate knowledge of which would clearly have an adverse effect upon the finances of the corporation;
(2) unless the person has requested to have the subjects discussed in public, subjects that tend to prejudice the reputation and character of a person;
(3) matters that, by law or municipal charter or ordinance, are permitted to be kept confidential from public disclosure;
(4) matters pertaining to personnel;
(5) matters pertaining to the corporation's legal position;
(6) land acquisition or disposal; and
(7) proprietary or other information of a type treated as confidential under the standards and practices of the United States Surface Transportation Board, including practices that protect information associated with specific shippers, divisions, and contract rate agreements.
Structure Alaska Statutes
Title 42. Public Utilities and Carriers and Energy Programs
Chapter 40. Alaska Railroad Corporation
Article 3. Administrative Provisions.
Sec. 42.40.150. Meetings of the board.
Sec. 42.40.160. Quorum and voting.
Sec. 42.40.170. Executive sessions.
Sec. 42.40.190. Emergency rules.
Sec. 42.40.200. Validity of rules.
Sec. 42.40.205. Application of AS 42.40.180 and 42.40.190.