Sec. 10.13.160. Share buy-back.
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/ak/title-10/chapter-13/10-13-160·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 10.13.160. Share buy-back.
A licensee may not buy back or obligate itself to buy back a share of equity interest from a shareholder without the prior approval of the department.
Article 3. Transaction of Business.