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Alaska Statutes

Article 1

Substantive Provisions

10.15.005Purposes for which cooperatives may be organized 10.15.010General powers 10.15.015Bylaws 10.15.020Membership 10.15.025Registered office and registered agent 10.15.030Change of registered office or agent 10.15.035Service on agent is service on cooperative 10.15.040Defense of ultra vires 10.15.045Capital stock 10.15.050Membership stock 10.15.055Transfer of stock 10.15.060Payment required for issuance 10.15.065No preemptive right to new issues 10.15.070Certificates representing shares 10.15.075Manner of voting by shareholders 10.15.080Determining who are shareholders for purposes of notice, voting, and dividends 10.15.085Subscription for shares 10.15.090Limitation of liability of members 10.15.095Dividends on capital stock 10.15.100Recall, acquisition, exchange, redemption, and reissuance of stock or other evidence of equity 10.15.105Limitations on acquisition, recall, exchange, or redemption 10.15.110Status of acquired, recalled, exchanged, or redeemed shares 10.15.115Missing certificates or ownership records 10.15.120Meetings of members 10.15.125Districts and district meetings 10.15.130Voting by members 10.15.135Quorum of members 10.15.140Qualifications and membership of board of directors 10.15.145Initial board of directors 10.15.150Election and terms of directors 10.15.155Removal of directors 10.15.160Filling unexpired term 10.15.165Meetings of board of directors 10.15.170Executive committee 10.15.175Officers 10.15.180Compensation and benefits to directors, officers, and employees 10.15.185Taking action without meeting 10.15.190Waiver of notice 10.15.195Voting requirements of articles 10.15.200Procedural requisites in action brought in right of cooperative by member or shareholder 10.15.205Allowance of costs to plaintiff; accounting for proceeds 10.15.210Security for costs 10.15.215Permitted purposes of cooperative contracts with members 10.15.220Liquidated damages clause in cooperative contracts 10.15.225Contracts between two or more cooperatives 10.15.230Recording of cooperative contracts 10.15.235Recording of uniform cooperative contracts 10.15.240Recording procedure 10.15.245Fees for recording contracts 10.15.250Effect of recording contract; subsequent interests and liens 10.15.255Termination of recorded contract 10.15.260Recording of list of terminated contracts 10.15.265Relief against breach or threatened breach of contract and penalty for interference 10.15.270Action for civil penalty for inducing breach of contract with cooperative or spreading false reports about cooperative 10.15.275Apportionment and distribution of net proceeds, savings, or net losses 10.15.280Manner of payment 10.15.285Manner of apportionment and distribution 10.15.290Determination of net proceeds, savings, or losses 10.15.295Unclaimed distribution, redemptions, or payments 10.15.300Sale or other disposition of entire assets in regular course of business 10.15.305Sale or other disposition of entire assets not in regular course of business 10.15.310Abandonment of sale or other disposition 10.15.315Books and records; inspection 10.15.320Biennial report 10.15.325Form of biennial report; delinquent reports 10.15.330Acceptance of biennial reports by department 10.15.331Filing notice of change of officer or director