- (a) Except for national banks with a principal place of business in the state, and interstate state banks and international banks with a certificate of authority under AS 06.05.555, a corporation may not engage in the banking business unless the corporation is organized under AS 10.06 (Alaska Corporations Code) and this title.
- (b) The provisions of AS 10.06 (Alaska Corporations Code) apply to state banks, except those provisions inconsistent with this chapter. The provisions inconsistent with this chapter include AS 10.06.010(4) — (8), 10.06.105(a) and (d), 10.06.325, 10.06.356, 10.06.358 — 10.06.360, 10.06.370, 10.06.385 — 10.06.388, 10.06.420(i), 10.06.430, 10.06.453, 10.06.460(b), 10.06.485, 10.06.522 — 10.06.868, 10.06.915, 10.06.960, and 10.06.990(30) and (38).