Alaska Statutes 10.06.388 – Acquisition of corporation’s own shares; reissuance or retirement
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Terms Used In Alaska Statutes 10.06.388
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- articles of incorporation: means the original or restated articles of incorporation and all amendments and includes articles of merger. See Alaska Statutes 10.06.990
- authorized shares: means the shares of all classes that the corporation may issue. See Alaska Statutes 10.06.990
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- shares: means the units into which the proprietary interests in a corporation are divided. See Alaska Statutes 10.06.990