Terms Used In Alaska Statutes 10.10.060

  • board of directors: means the board of directors of the corporation created under this chapter. See Alaska Statutes 10.10.210
  • financial institution: means a banking corporation or trust company, savings and loan association, insurance company or related corporation, partnership, foundation, or other institution engaged primarily in lending or investing funds. See Alaska Statutes 10.10.210

A financial institution may request membership in the corporation by making application to the board of directors on the form and in the manner the board of directors require, and membership becomes effective upon acceptance of the application by the board.