There is a newer version of the Alaska Statutes
2011 Alaska Statutes
Title 10. CORPORATIONS AND ASSOCIATIONS
Chapter 10.06. ALASKA CORPORATIONS CODE
Sec. 10.06.335. Consideration for shares.
AK Stat § 10.06.335 (through 27th Leg Sess 2012) What's This?
Shares may be issued for consideration expressed in dollars fixed by the board unless the articles of incorporation reserve to the shareholders the right to fix the consideration. If this right is reserved as to any shares, the shareholders shall, before the issuance of the shares, fix the consideration to be received for the shares by approval of the outstanding shares.
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