2020 Alaska Statutes
Title 10. Corporations and Associations
Chapter 15. Alaska Cooperative Corporation Act
Article 9. General Provisions.
Sec. 10.15.595. Definitions.
In this chapter, unless the context otherwise requires,
(1) “articles” means articles of incorporation;
(2) “board” means board of directors;
(3) “commissioner” means the commissioner of commerce, community, and economic development;
(4) “cooperative” means a cooperative corporation subject to the provisions of this chapter;
(5) “corporation” means a corporation that is not a cooperative;
(6) “court” means superior court;
(7) “department” means the Department of Commerce, Community, and Economic Development;
(8) “foreign cooperative” means a cooperative corporation organized under laws other than the laws of this state;
(9) “member” means a person who has been qualified and accepted for membership in a cooperative;
(10) “membership stock” means a class of stock, continuous ownership of which is required for membership in a cooperative;
(11) “shareholder” means a holder of shares of capital stock of a cooperative other than membership stock.
