Alaska Statutes 47.60.050 – Acceptance and use of assistance, cooperation, and contributions
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 47.60.050
- 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.
A nonprofit corporation may accept and use the assistance, cooperation, and contributions of private persons, charitable organizations, and public agencies for the purpose of establishing and operating a multipurpose senior center.