There is a newer version
of
this Section
2020 Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 05. Alaska Banking Code
Article 6. Dissolution, Reorganization, Liquidation, and Department Possession.
Sec. 06.05.466. Dissolution before commencement of business.
Universal Citation: AK Stat § 06.05.466 (2020)
If the department discovers, after it approves the articles of incorporation for a bank but before it issues a certificate of authority to the bank, a reason why a bank should not have been incorporated, or if a certificate of authority is not issued within the later of one year after the issuance of the certificate of incorporation or the time the department allows for satisfaction of conditions precedent to the issuance of a certificate of authority, the bank shall voluntarily dissolve under AS 10.06.605 - 10.06.625 or may be involuntarily dissolved by the department under AS 10.06.633.
Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
