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13 chapters · 955 sections in this title.
AS 10.20.005 Purposes.
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Corporations may be organized under this chapter for any lawful purpose, including, but not limited to, one or more of the following: charitable; religious; benevolent; eleemosynary; educational; civic; cemetery; patriotic; political; social; fraternal; literary; cultural; athlet…
AS 10.20.007 Corporations organized under Alaska Native Claims Settlement Act.
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A village corporation organized under 43 U.S.C. 1601 et seq. (Alaska Native Claims Settlement Act) may be incorporated under and subject to this chapter except the name of the corporation may not contain the word “village” or otherwise imply that the corporation is a municipal co…
AS 10.20.011 General powers.
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A corporation may (1) have perpetual succession by its corporate name unless its duration is limited by its articles of incorporation; (2) sue and be sued, complain and defend, in its corporate name; (3) adopt and use a corporate seal or a facsimile thereof, which may be altered …
AS 10.20.016 Defense of ultra vires.
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(a) An act of a corporation and a conveyance or transfer of real or personal property to or by a corporation is not invalid because the corporation did not have capacity or power to perform the act or to convey or receive the property. However, lack of capacity or power may be as…