2015 Alaska Statutes
Title 34 - PROPERTY
Chapter 34.08 - COMMON INTEREST OWNERSHIP
Article 03 - MANAGEMENT OF THE COMMON INTEREST COMMUNITY
Sec. 34.08.310 Organization of unit owners' association.
An association of unit owners must be organized no later than the date on which the first unit in the common interest community is conveyed. The membership of the association at all times consists exclusively of all unit owners or, following termination of the common interest community, of all former unit owners entitled to distributions of proceeds under AS 34.08.260 or their heirs, successors, or assigns. The association must be organized as a profit or nonprofit corporation, trust, or partnership.
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