There is a newer version
of
this Section
2021 Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Article 4. Corporate Finance.
Sec. 10.06.335. Consideration for shares.
Universal Citation: AK Stat § 10.06.335 (2021)
Shares may be issued for consideration expressed in dollars fixed by the board unless the articles of incorporation reserve to the shareholders the right to fix the consideration. If this right is reserved as to any shares, the shareholders shall, before the issuance of the shares, fix the consideration to be received for the shares by approval of the outstanding shares.
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.
