(a) Before the issuance of shares of a class the rights, preferences, privileges, and restrictions of which have been fixed by resolution of the board, or before the issuance of shares of a series established by resolution of the board, the corporation shall file with the commissioner a statement, and an exact copy of the statement, signed by the president or vice-president and the secretary or assistant secretary, setting out
(1) the name of the corporation;
(2) a copy of the resolution determining the rights, preferences, privileges, and restrictions of the wholly unissued class, or of the resolution establishing and designating a series, and fixing and determining the relative rights and preferences of the series;
(3) the date of the adoption of the resolution;
(4) that the resolution was adopted by the board.
(b) The commissioner shall process the statement in accordance with AS 10.06.910 .
Section: Previous 10.06.305 10.06.308 10.06.310 10.06.313 10.06.315 10.06.318 10.06.320 10.06.323 10.06.325 10.06.328 10.06.330 10.06.333 10.06.335 10.06.338 10.06.340 NextLast modified: November 15, 2016