Alaska Statutes Title 06, Chapter 06.05, Article 05 - Conduct of Corporate Affairs

• Sec. 06.05.430 Meetings of Stockholders. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.435 Directors.
  (a) The affairs of every bank incorporated under this chapter shall be managed by not less than five directors, nor more than 25. A...
• Sec. 06.05.437 Officers.
  (a) The officers of a bank shall be chosen by the board of directors. An officer may not be appointed to serve for a...
• Sec. 06.05.438 Directors, Meetings, and Duties.
  (a) The board of directors of each bank shall hold a meeting at least once each month for at least 10 months in each...
• Sec. 06.05.440 Authority to Declare Dividends.
  The directors of a bank transacting business in the state may declare a dividend out of the net profits, subject to any restrictions under...
• Sec. 06.05.441 Conditions Precedent to Dividend Declaration and Payment.
  (a) Before a bank dividend is declared or the net profits for the period covered by the dividend disposed of, and after the restoration...
• Sec. 06.05.442 Excess Losses; Restoration of Surplus; Payment of Dividends.
  A loss sustained by a bank in excess of its undivided profits and any capital contingency reserves shall be charged to its surplus account...
• Sec. 06.05.443 Limitation on Dividends. [Repealed, Sec. 102 Ch 26 Sla 1993].
  Repealed or Renumbered
• Sec. 06.05.445 Net Undivided Profits and Dividends.
  (a) A bank may not declare or pay a dividend in an amount greater than its net undivided profits then on hand.(b) In determining...
• Sec. 06.05.450 Shareholders List.
  Each bank shall keep a record of the name and residence of each shareholder of the bank, the class and number of shares held...
• Sec. 06.05.455 Deposit Insurance. [Repealed, Sec. 54 Ch 169 Sla 1978].
  Repealed or Renumbered
• Sec. 06.05.460 Report Upon Inactive Deposit Accounts. [Repealed, Sec. 14 Ch 133 Sla 1986].
  Repealed or Renumbered
• Sec. 06.05.462 Conversions, Mergers, and Consolidations.
  (a) A national bank located in the state may convert to a state bank or merge or consolidate with a state bank, and a...
• Sec. 06.05.463 [Renumbered As As 06.05.120 ].
  
  Repealed or Renumbered

Last modified: November 15, 2016