Terms Used In Alaska Statutes > Title 10 > Chapter 15 > Article 9 - General Provisions

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
• articles: means articles of incorporation. See Alaska Statutes 10.15.595
• board: means board of directors. See Alaska Statutes 10.15.595
• commissioner: means the commissioner of commerce, community, and economic development. See Alaska Statutes 10.15.595
• Continuance: Putting off of a hearing ot trial until a later time.
• Contract: A legal written agreement that becomes binding when signed.
• cooperative: means a cooperative corporation subject to the provisions of this chapter. See Alaska Statutes 10.15.595
• corporation: means a corporation that is not a cooperative. See Alaska Statutes 10.15.595
• 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.
• court: means superior court. See Alaska Statutes 10.15.595
• department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 10.15.595
• Dependent: A person dependent for support upon another.
• membership stock: means a class of stock, continuous ownership of which is required for membership in a cooperative. See Alaska Statutes 10.15.595
• person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
• property: includes real and personal property. See Alaska Statutes 01.10.060
• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060