2017 Alaska Statutes
Title 10. Corporations and Associations
Chapter 10. Business and Industrial Development Corporation Act
Sec. 10.10.090. Powers of stockholders and members.
The stockholders and the members of the corporation have the following powers of the corporation:
(1) to determine the number of and elect directors as provided in AS 10.10.120;
(2) to make, amend, and repeal bylaws;
(3) to amend this charter as provided in AS 10.10.110;
(4) to dissolve the corporation as provided in AS 10.10.180;
(5) to do all things necessary or desirable to secure aid, assistance loans and other financing from any financial institutions, and from any agency established under 15 U.S.C. 661 — 697 (Small Business Investment Act of 1958), or other similar federal laws now or hereafter enacted;
(6) to exercise other of the powers of the corporation consistent with this chapter which may be conferred on the stockholders and the members by the bylaws.
