Terms Used In Alaska Statutes 10.15.280

  • cooperative: means a cooperative corporation subject to the provisions of this chapter. See Alaska Statutes 10.15.595
  • foreign cooperative: means a cooperative corporation organized under laws other than the laws of this state. See Alaska Statutes 10.15.595

The apportionment, distribution, and payment of net proceeds or savings required by Alaska Stat. § 10.15.275 may be in cash, credits, capital stock, certificates of interest, revolving fund certificates, letters of advice or other securities or certificates issued by the cooperative or by an affiliated domestic or foreign cooperative association whether or not incorporated under this chapter.