Alaska Statutes 10.15.050 – Membership stock
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 10.15.050
- articles: means articles of incorporation. See Alaska Statutes 10.15.595
- membership stock: means a class of stock, continuous ownership of which is required for membership in a cooperative. See Alaska Statutes 10.15.595
The articles may require that members own one or more shares of membership stock, and may provide limitations on the issuance and transferability of the stock.