Sections
Article 1 Substantive Provisions 10.20.005 – 10.20.141
Article 2 Formation of Corporations 10.20.146 – 10.20.166
Article 3 Amendment 10.20.171 – 10.20.211
Article 4 Merger, Consolidation, and Disposition of Assets 10.20.216 – 10.20.285
Article 5 Dissolution 10.20.290 – 10.20.452
Article 6 Foreign Corporations 10.20.455 – 10.20.615
Article 7 Biennial Reports and Notices 10.20.620 – 10.20.631
Article 8 Fees and Charges 10.20.635 – 10.20.640
Article 9 Penalties 10.20.645 – 10.20.650
Article 10 Miscellaneous Provisions 10.20.655 – 10.20.700
Article 11 General Provisions 10.20.905 – 10.20.925

Terms Used In Alaska Statutes > Chapter 20

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Allegation: something that someone says happened.
  • 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.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Arrest: Taking physical custody of a person by lawful authority.
  • articles: means articles of incorporation. See Alaska Statutes 10.15.595
  • articles of incorporation: means the original or restated articles of incorporation or articles of consolidation and all amendments to them, including articles of merger. See Alaska Statutes 10.20.920
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • ballot: means any document provided by the director on which votes may be cast for candidates, propositions, or questions. See Alaska Statutes 15.80.010
  • bank: means a person doing a banking business, including persons subject to the law of this or another jurisdiction. See Alaska Statutes 06.05.990
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • board: means the Marijuana Control Board established by AS 17. See Alaska Statutes 17.38.900
  • board: means board of directors. See Alaska Statutes 10.15.595
  • board of directors: means the group of persons vested with the management of the affairs of the corporation irrespective of the name by which the group is designated. See Alaska Statutes 10.20.920
  • bylaws: means the code or codes of rules adopted for the regulation or management of the affairs of the corporation irrespective of the name or names by which the rules are designated. See Alaska Statutes 10.20.920
  • capital: means the amount of outstanding common stock plus outstanding and perpetual preferred stock. See Alaska Statutes 06.05.990
  • commissioner: means the commissioner of commerce, community, and economic development. See Alaska Statutes 10.15.595
  • commissioner: means commissioner of commerce, community, and economic development. See Alaska Statutes 10.20.920
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • consumption: means the act of ingesting, inhaling, or otherwise introducing marijuana into the human body. See Alaska Statutes 17.38.900
  • cooperative: means a cooperative corporation subject to the provisions of this chapter. 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.
  • corporation: means a corporation that is not a cooperative. See Alaska Statutes 10.15.595
  • court: means superior court. See Alaska Statutes 10.15.595
  • department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 06.05.990
  • department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 10.15.595
  • department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 10.20.920
  • director: means the director of the Marijuana Control Board and the Alcoholic Beverage Control Board. See Alaska Statutes 17.38.900
  • director: means the director of elections who is the chief elections officer of the state appointed in accordance with AS 15. See Alaska Statutes 15.80.010
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • division: means the division of elections created under AS 15. See Alaska Statutes 15.80.010
  • domestic corporation: means a nonprofit corporation subject to the provisions of this chapter, except a foreign corporation. See Alaska Statutes 10.20.920
  • dwelling: has the meaning given in AS 11. See Alaska Statutes 17.38.900
  • election board: means the board appointed in accordance with AS 15. See Alaska Statutes 15.80.010
  • election official: means election board members, members of counting or review boards, employees of the division of elections, and absentee voting officials. See Alaska Statutes 15.80.010
  • established village: means an area that does not contain any part of an incorporated city or another established village and that is an unincorporated community that is in the unorganized borough and that has 25 or more permanent residents. See Alaska Statutes 17.38.900
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • federal election: means a general, special, special runoff, or primary election held solely or in part for the purpose of selecting, nominating, or electing a candidate for the office of President, Vice-President, presidential elector, United States senator, or United States representative. See Alaska Statutes 15.80.010
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fiduciary: A trustee, executor, or administrator.
  • financial holding company: means an existing, or newly formed, domestic bank holding company that has been approved as a financial holding company by the Federal Reserve System and not denied that status by the department under AS 06. See Alaska Statutes 06.05.990
  • foreign cooperative: means a cooperative corporation organized under laws other than the laws of this state. See Alaska Statutes 10.15.595
  • foreign corporation: means a nonprofit corporation organized under laws other than the laws of this state. See Alaska Statutes 10.20.920
  • general election: means the election held on the Tuesday after the first Monday in November of even-numbered years. See Alaska Statutes 15.80.010
  • good faith: means honesty in fact in the transaction and a reasonable ground for belief that the transaction is lawful, proper, or authorized. See Alaska Statutes 06.05.990
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • house district: means one of the districts described in art. See Alaska Statutes 15.80.010
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Interrogatories: Written questions asked by one party of an opposing party, who must answer them in writing under oath; a discovery device in a lawsuit.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Legislative session: That part of a chamber's daily session in which it considers legislative business (bills, resolutions, and actions related thereto).
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • lieutenant governor: includes an appointed lieutenant governor, governor, or acting governor if a vacancy has occurred in the office of lieutenant governor or governor. See Alaska Statutes 15.80.010
  • loan: includes an extension of credit resulting from direct or indirect negotiations between a lender and a debtor. See Alaska Statutes 06.05.990
  • local election: means a regular or special election held by a borough, city, school district, or regional educational attendance area. See Alaska Statutes 15.80.010
  • local government: means both home rule and general law municipalities, including boroughs and cities of all classes and unified municipalities. See Alaska Statutes 17.38.900
  • local regulatory authority: means the office or entity designated to process marijuana establishment applications by a local government. See Alaska Statutes 17.38.900
  • manufacture: has the meaning given in AS 11. See Alaska Statutes 17.38.900
  • marijuana: means all parts of the plant of the genus cannabis whether growing or not, the seeds thereof, the resin extracted from any part of the plant, and every compound, manufacture, salt, derivative, mixture, or preparation of the plant, its seeds, or its resin, including marijuana concentrate. See Alaska Statutes 17.38.900
  • marijuana cultivation facility: means an entity registered to cultivate, prepare, and package marijuana and to sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers. See Alaska Statutes 17.38.900
  • marijuana establishment: means a marijuana cultivation facility, a marijuana testing facility, a marijuana product manufacturing facility, or a retail marijuana store. See Alaska Statutes 17.38.900
  • marijuana product manufacturing facility: means an entity registered to purchase marijuana. See Alaska Statutes 17.38.900
  • marijuana products: means concentrated marijuana products and marijuana products that are comprised of marijuana and other ingredients and are intended for use or consumption, such as, but not limited to, edible products, ointments, and tinctures. See Alaska Statutes 17.38.900
  • marijuana testing facility: means an entity registered to analyze and certify the safety and potency of marijuana. See Alaska Statutes 17.38.900
  • master register: means the list of all registered voters in the state which is maintained by the director of elections. See Alaska Statutes 15.80.010
  • member: means a person who has been qualified and accepted for membership in a cooperative. See Alaska Statutes 10.15.595
  • member: means one having membership rights in a corporation in accordance with the provisions of its articles of incorporation or bylaws. See Alaska Statutes 10.20.920
  • membership stock: means a class of stock, continuous ownership of which is required for membership in a cooperative. See Alaska Statutes 10.15.595
  • month: means a calendar month unless otherwise expressed. See Alaska Statutes 01.10.060
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • municipality: means a political subdivision incorporated under the laws of the state that is a home rule or general law city, a home rule or general law borough, or a unified municipality. See Alaska Statutes 01.10.060
  • nonprofit corporation: means a corporation no part of the income or profit of which is distributed to its members, directors, or officers. See Alaska Statutes 10.20.920
  • oath: includes affirmation or declaration. See Alaska Statutes 01.10.060
  • oath: includes affirmation. See Alaska Statutes 15.80.010
  • official registration list: means the list of all voters qualified to vote at a particular election compiled in accordance with AS 15. See Alaska Statutes 15.80.010
  • Oral argument: An opportunity for lawyers to summarize their position before the court and also to answer the judges' questions.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • personal property: includes money, goods, chattels, things in action, and evidences of debt. See Alaska Statutes 01.10.060
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • political group: means a group of organized voters which represents a political program and which does not qualify as a political party. See Alaska Statutes 15.80.010
  • political party: means an organized group of voters that represents a political program and

    (A) that nominated a candidate for governor who received at least three percent of the total votes cast for governor at the preceding general election or has registered voters in the state equal in number to at least three percent of the total votes cast for governor at the preceding general election. See Alaska Statutes 15.80.010

  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • precinct: means the territory within which resident voters may cast votes at one polling place. See Alaska Statutes 15.80.010
  • proposition: means an initiative, referendum, or constitutional amendment submitted at an election to the public for vote. See Alaska Statutes 15.80.010
  • qualified voter: means a person who has the qualification of a voter and is not disqualified as provided by art. See Alaska Statutes 15.80.010
  • question: means an issue placed on the ballot to determine whether a judge or justice shall be accepted or rejected, whether a constitutional convention shall be called, whether a state debt shall be contracted, or whether a state official shall be recalled. See Alaska Statutes 15.80.010
  • Quorum: The number of legislators that must be present to do business.
  • registration: means registration or licensure, as determined by regulation. See Alaska Statutes 17.38.900
  • registration official: includes an employee of the division of elections when performing the task of voter registration and a person appointed to serve as a registration official in accordance with AS 15. See Alaska Statutes 15.80.010
  • reregistration: means the submission of a registration form by a voter whose registration was inactivated on the master register maintained under AS 15. See Alaska Statutes 15.80.010
  • retail marijuana store: means an entity registered to purchase marijuana from marijuana cultivation facilities, to purchase marijuana and marijuana products from marijuana product manufacturing facilities, and to sell marijuana and marijuana products to consumers. See Alaska Statutes 17.38.900
  • senate district: means one of the districts described in art. See Alaska Statutes 15.80.010
  • Service of process: The service of writs or summonses to the appropriate party.
  • 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.
  • shareholder: means a holder of shares of capital stock of a cooperative other than membership stock. See Alaska Statutes 10.15.595
  • special election: means an election held at a time other than when the general or primary election is held and an election called to be held with, and at the time of, the general or primary election. See Alaska Statutes 15.80.010
  • state bank: means a bank organized under this chapter. See Alaska Statutes 06.05.990
  • Subpoena: A command to a witness to appear and give testimony.
  • subscription: includes the mark of a person who cannot write, with the name of that person written near the mark by a witness who writes the witness?s own name near the name of the person who cannot write. See Alaska Statutes 01.10.060
  • surplus: includes amounts paid in for stock in excess of the par value of the stock, which are generally called capital surplus or paid-in surplus, plus any amounts transferred to the account from undivided profits, which are generally called earned surplus. See Alaska Statutes 06.05.990
  • sworn: includes affirmed. See Alaska Statutes 15.80.010
  • Trustee: A person or institution holding and administering property in trust.
  • unconditional discharge: means that a person is released from all disability arising under a conviction and sentence, including probation and parole. See Alaska Statutes 15.80.010
  • undivided profits: means the accumulated, undistributed net profit of a bank, including any residue after

    (A) provision for payment of taxes and expenses of operations. See Alaska Statutes 06.05.990

  • unreasonably impracticable: means that the measures necessary to comply with the regulations require such a high investment of risk, money, time, or any other resource or asset that the operation of a marijuana establishment is not worthy of being carried out in practice by a reasonably prudent businessperson. See Alaska Statutes 17.38.900
  • voter: means a person who presents oneself for the purpose of voting either in person or by absentee ballot. See Alaska Statutes 15.80.010
  • voter registration agency: means an agency designated in or under AS 15. See Alaska Statutes 15.80.010
  • writing: includes printing. See Alaska Statutes 01.10.060