Alaska Statutes 10.15.095 – Dividends on capital stock
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Terms Used In Alaska Statutes 10.15.095
- articles: means articles of incorporation. See Alaska Statutes 10.15.595
- cooperative: means a cooperative corporation subject to the provisions of this chapter. See Alaska Statutes 10.15.595
A cooperative organized with capital stock may pay the dividend upon capital stock authorized by its articles if its capital is not impaired and would not be impaired by the payment.