Alaska Statutes Title 06, Chapter 06.05, Article 04 - Organization, Incorporation, Certification, Capital Structure, and General Powers, Limitations, and Requirements

• Sec. 06.05.300 General Corporate Powers. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.301 Applicability of Corporations Code.
  (a) Except for national banks with a principal place of business in the state, and interstate state banks and international banks with a certificate...
• Sec. 06.05.305 Capital Structure.
  (a) A corporation may not commence and operate a banking business in the state in a community with a population of 35,000 or more...
• Sec. 06.05.307 Capital Notes or Debentures.
  (a) A bank organized under the laws of this state may, with the approval of stockholders owning two-thirds of the stock of the bank...
• Sec. 06.05.310 Correction of Impairment of Capital.
  If the department determines that the order is necessary for the protection of depositors, the department may issue an order under AS 06.01.030 to...
• Sec. 06.05.315 Double Stockholder Liability. [Repealed, Sec. 54 Ch 169 Sla 1978].
  Repealed or Renumbered
• Sec. 06.05.320 Bank Purchases of Own Shares.
  Except in accordance with written approval of the department, a bank may not purchase its own capital stock.
• Sec. 06.05.325 Bank Stock As Personalty. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.327 Change in Outstanding Voting Shares.
  Before a change may occur in the outstanding voting shares of a state bank that will result in a change in the control of...
• Sec. 06.05.330 Incorporators. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.335 Notice of Intention to Incorporate, Establish Branch Bank or Relocate. [Repealed, Sec. 54 Ch 169 Sla 1978].
  Repealed or Renumbered
• Sec. 06.05.340 Certain Remuneration Prohibited.
  A bank may not pay directly or indirectly a fee, commission, or bonus of any kind for its promotion and organization or for securing...
• Sec. 06.05.342 Subscriptions for Shares.
  (a) Subscription agreements and accompanying prospectuses or offering circulars, whether for a proposed state bank or for an increase in capital of an existing...
• Sec. 06.05.344 Application for Approval of State Bank.
  (a) Before the department issues a certificate of incorporation under AS 10.06.910 for a state bank, the incorporators of a proposed state bank shall...
• Sec. 06.05.345 Articles of Incorporation.
  (a) In addition to those items required under AS 10.06.208 , the articles of incorporation of a state bank must specify(1) the judicial district...
• Sec. 06.05.350 Certificate of Authority.
  (a) At any time after receiving a certificate of incorporation, a bank may apply to the department for a certificate of authority to engage...
• Sec. 06.05.355 Deposit Insurance Required.
  (a) The department may require a state bank, either at the time the bank applies for a certificate of authority or during the bank's...
• Sec. 06.05.360 Foreign Persons Engaged in Banking. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.365 Application for Charter. [Repealed, Sec. 54 Ch 169 Sla 1978].
  Repealed or Renumbered
• Sec. 06.05.367 Banks of Foreign Nationals Engaging in a Banking Business in the State. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.370 - 06.05.375. Charters; Subscription Calls. [Repealed, Sec. 54 Ch 169 Sla 1978].
  Repealed or Renumbered
• Sec. 06.05.380 Affidavit of Capital Paid In. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.385 Organizational Meeting; Bylaws.
  (a) A state bank may not call an organizational meeting under AS 10.06.223 until all capital and surplus have been fully paid.(b) Bylaws shall...
• Sec. 06.05.390 , 06.05.395. Reimbursement of Officer, Director or Employee for Expenses in Defending Suits; Certificate of Authority Required. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.399 Application for Certificate of Authority for Branch Bank or Change of Location.
  (a) Before operating a branch bank at a permanent location or a mobile facility branch bank, or changing the location of the principal office...
• Sec. 06.05.400 - 06.05.425 Certificate of Authority. [Repealed, Sec. 54 Ch 169 Sla 1978. for Current Law, See As 06.05.350 , 06.05.399, and 06.05.466].
  
  Repealed or Renumbered
• Sec. 06.05.426 Automated Teller Machines.
  (a) A state bank may establish, maintain, and operate an automated teller machine on the premises of the main office or a branch office...

Last modified: November 15, 2016