Alaska Statutes 10.06.850 – Commissioner to institute suits to compel payment
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Terms Used In Alaska Statutes 10.06.850
- commissioner: means the commissioner of commerce, community, and economic development or a designee of the commissioner. 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.
- corporation tax: means the biennial corporation tax imposed under Alaska law on corporations. See Alaska Statutes 10.06.990
- state: means any of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, the Trust Territory of the Pacific Islands, or any other territory or possession of the United States. See Alaska Statutes 10.06.990
The commissioner may institute a suit in the name of the state to enforce the payment of a biennial corporation tax. Corporate entities organized under Alaska Stat. Chapter 10.20 and foreign corporations organized under the laws of the United States or the laws of a state or territory of the United States or the laws of a foreign country for the same purposes as those allowed under Alaska Stat. Chapter 10.20 are exempt from the payment of the biennial corporation tax.