Title 10 — Corporations and Associations
13 chapters · 986 sections in this title.
AS 10.25.450 Directors, officers, or members as notaries.
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A person authorized to take acknowledgments under the laws of this state is not disqualified from taking acknowledgments of instruments to which a cooperative is a party because the person is an officer, director, or member of the cooperative.
AS 10.25.460 Registered office and registered agent.
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Each cooperative shall have and continuously maintain in the state a registered (1) office, which may be, but need not be, the same as the location of the principal office; (2) agent who is either an individual resident in the state whose business office is identical with the reg…
AS 10.25.470 Change of registered office or registered agent.
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A cooperative may change its registered office or change its registered agent, or both, upon filing in the office of the commissioner a statement setting forth (1) the name of the cooperative; (2) the address of its registered office; (3) if the address of its registered office i…
AS 10.25.480 Execution and filing of statement.
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The statement of change of office or agent shall be executed by the cooperative by its presiding officer and directed to the commissioner. If the commissioner finds that the statement conforms to this chapter, the commissioner shall file it in the commissioner's office. Upon the …
AS 10.25.490 Resignation of registered agent.
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A registered agent of a cooperative may resign by filing a written notice of resignation, executed in duplicate, with the commissioner. The commissioner shall immediately mail a copy of it to the cooperative at its registered office. The appointment of the agent terminates 30 day…
AS 10.25.500 Service on cooperative.
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(a) The registered agent of a cooperative is an agent of the cooperative upon whom process, notice, or demand required or permitted by law to be served upon the cooperative may be served. (b) When a cooperative fails to appoint or maintain a registered agent in the state, or when…
AS 10.25.510 Service on commissioner.
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(a) Service on the commissioner is made by delivering to and leaving with the commissioner, or with a clerk having charge of the corporation department of the commissioner's office, duplicate copies of the process, notice, or demand. The commissioner shall immediately have one co…
AS 10.25.520 Other means of service not affected.
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Nothing in AS 10.25.500 and 10.25.510 limits or affects the right to serve process, notice, or demand required or permitted by law to be served on a cooperative in any other manner permitted by law.
AS 10.25.530 Fees.
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(a) The commissioner shall establish by regulation and charge and collect fees for (1) filing articles of incorporation; (2) filing articles of amendment; (3) filing articles of consolidation or merger; (4) filing articles of conversion; (5) filing certificate of election to diss…
AS 10.25.540 Business license and taxation of cooperatives.
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(a) Cooperatives under this chapter shall apply for a business license and pay the initial license fee as provided by the Alaska Business License Act (AS 43.70), as amended. (b) Before March 1 of each year, (1) each telephone cooperative shall pay to the state, instead of state a…
AS 10.25.550 Amount of telephone cooperative gross revenue tax.
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The telephone cooperative gross revenue tax shall be computed as follows: (1) one percent of gross revenue for cooperatives that have furnished telephone service to consumers for less than five years as of December 31 of the preceding calendar year; (2) two percent of gross reven…
AS 10.25.555 Amount of electric cooperative tax.
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(a) The electric cooperative tax shall be computed as follows: (1) one-fourth mill per kilowatt hour for cooperatives that have furnished electric energy and power to consumers for less than five years as of December 31 of the preceding calendar year; (2) one-half mill per kilowa…
AS 10.25.560 Manner of computing telephone cooperative gross revenue.
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Gross revenue of a telephone cooperative includes all revenue earned from local and toll services.
AS 10.25.570 Refund to local governments.
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The proceeds of the telephone cooperative gross revenue tax and the electric cooperative tax, less the amount expended by the state in their collection, shall be refunded to an organized borough or a city of any class incorporated under state law, in the proportion that the reven…
AS 10.25.580 Inventory and fixtures subject to taxation.
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The inventory and fixtures of a business operated by a cooperative incidental to the furnishing of central station electric service, including, without limitation, appliance stores or departments, are not exempt from ad valorem taxes. The inventory and accounts of these businesse…
AS 10.25.590 Connection and interconnection of facilities.
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A telephone cooperative organized or doing business under this chapter, hereafter designated as applicant, may require a person furnishing telephone service to the public in the state, hereafter designated as company, to interconnect its lines, facilities or systems with, or othe…
AS 10.25.600 Correction of defectively organized cooperatives.
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Article 5. General Provisions. If a cooperative has filed defective articles of incorporation, or has failed to do all things necessary to perfect its corporate organization, it may file corrected articles of incorporation, or amend the original articles, and do and perform all a…
AS 10.25.610 [Renumbered as AS 10.25.810.]
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[Repealed or reserved.]
AS 10.25.620 [Renumbered as AS 10.25.820.]
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[Repealed or reserved.]
AS 10.25.630 [Renumbered as AS 10.25.830.]
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[Repealed or reserved.]
AS 10.25.640 [Renumbered as AS 10.25.840.]
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[Repealed or reserved.]
AS 10.25.650 [Renumbered as AS 10.25.850.]
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[Repealed or reserved.]
AS 10.25.810 Purpose.
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Cooperative, nonprofit, membership corporations may be organized under this chapter for the purpose of supplying electric energy or telephone or related telecommunications service and promoting and extending the use of these services.
AS 10.25.820 Chapter extended to existing cooperatives.
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This chapter applies to all nonprofit cooperatives organized under any other law of the state for the purpose of supplying electric energy and power, or telephone or related telecommunications service, to its members, or for the purpose of promoting and extending the use of elect…
AS 10.25.830 Construction of chapter.
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This chapter is complete in itself and is controlling. The provisions of any other law of the state relating to the organization of a corporation, except as provided in this chapter, do not apply to a cooperative organized under this chapter. The enumeration of an object, purpose…
AS 10.25.840 Definitions.
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In this chapter, (1) “commissioner” means the commissioner of commerce, community, and economic development; (2) “cooperative” means a corporation organized under this chapter or that becomes subject to this chapter in the manner provided in this chapter; (3) “person” means a nat…
AS 10.25.850 Short title.
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This chapter may be cited as the Electric and Telephone Cooperative Act.