2018 Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 05. Alaska Banking Code
Article 4. Organization, Incorporation, Certification, Capital Structure, and General Powers, Limitations, and Requirements.
Sec. 06.05.320. Bank purchases of own shares.

Universal Citation: AK Stat § 06.05.320 (2018)

Except in accordance with written approval of the department, a bank may not purchase its own capital stock.

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