Alaska Statutes 10.40.010 – Authorized purposes
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Alaska Statutes 10.40.010
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
- 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.
- property: includes real and personal property. See Alaska Statutes 01.10.060
A corporation may be formed for acquiring, holding, or disposing of church or religious society property, for the benefit of religion, for works of charity and education, and for public worship.