Alaska Statutes Title 45, Chapter 45.57 - Takeover Bid Disclosure Act
- Sec. 45.57.010 Provisions of Takeover Bids.
The following provisions apply to every takeover bid:(1) the period of time within which securities may be tendered by an offeree under a takeover...
- Sec. 45.57.020 Disclosure.
(a) An offeror may not make a takeover bid unless at least 20 days before the bid the offeror files with the department and...
- Sec. 45.57.030 Recommendations to Accept or Reject.
A written solicitation or recommendation to offerees, other than by the offeror, to accept or reject a takeover bid shall be filed with the...
- Sec. 45.57.040 Deceptive Practices.
It is unlawful for a person to make or omit or cause to be made or omitted, in a document filed or in a...
- Sec. 45.57.050 Investigations and Subpoenas.
(a) The department in its discretion may(1) make public or private investigations inside or outside this state as it considers necessary to determine whether...
- Sec. 45.57.060 Injunctions.
When it appears to the department that a person has engaged or is about to engage in an act or practice in violation of...
- Sec. 45.57.070 Criminal Penalties.
A person who wilfully violates a provision of this chapter, upon conviction, is punishable by a fine of not more than $5,000, or by...
- Sec. 45.57.080 Civil Liabilities.
(a) An offeror who (1) makes a takeover bid which does not comply with the provisions of this chapter or (2) makes a takeover...
- Sec. 45.57.090 Consent to Service of Process.
A nonresident offeror, except a foreign corporation which has complied with AS 10.06.705 - 10.06.788, who makes a takeover bid affecting an offeree company...
- Sec. 45.57.100 Regulations.
The department may adopt regulations and forms that are necessary or desirable to carry out the provisions of this chapter.
- Sec. 45.57.110 Definitions.
In this chapter, unless the context requires otherwise,(1) "associate of the offeror" means(A) a corporation or other organization of which the offeror is an...
- Sec. 45.57.120 Short Title.
This chapter may be cited as the Takeover Bid Disclosure Act.
Last modified: November 15, 2016