2021 Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Article 4. Corporate Finance.
Sec. 10.06.340. Judgment of board or shareholders as to value of consideration.

Universal Citation: AK Stat § 10.06.340 (2021)

In the absence of fraud in the transaction, the judgment of the board or the shareholders as to the value of the consideration received for shares is conclusive.

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