There is a newer version of the Alaska Statutes
2011 Alaska Statutes
Title 10. CORPORATIONS AND ASSOCIATIONS
Chapter 10.15. ALASKA COOPERATIVE CORPORATION ACT
Sec. 10.15.220. Liquidated damages clause in cooperative contracts.
AK Stat § 10.15.220 (through 27th Leg Sess 2012) What's This?
The contract referred to in AS 10.15.215 may fix and require liquidated damages to be paid by the member to the cooperative in the event of a breach of the contract by the member. Liquidated damages may be a percentage of the value or a specified amount per unit of the products, goods or services involved by the breach, or a specific sum.
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