In this chapter,

(1) “board” means the board of directors of the Alaska Aerospace Corporation;

Terms Used In Alaska Statutes 26.27.900

  • 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
(2) “corporation” means the Alaska Aerospace Corporation;
(3) “landing site” means a site or facility designed, intended, or used for the landing or recovery of space vehicles, aircraft, or balloons;
(4) “launch site” means a site or facility designed, intended, or used for the launching of space vehicles, sounding rockets, aircraft, or balloons;
(5) “payload” means property or cargo, including people or animals, to be transported aboard a vehicle launched by the corporation;
(6) “recovery” means the retrieval and recovery of space vehicles, payloads, and parts that have been launched from the corporation’s facilities;
(7) “space vehicle” means a rocket, missile, booster, or other vehicle designed, intended, or used to reach high altitude.