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Code · Alaska · Title 10 · Chapter 55

Sec. 10.55.110. Excluded entities and transactions.

97 words·~1 min read·/ak/title-10/chapter-55/10-55-110

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Sec. 10.55.110. Excluded entities and transactions.
The following entities may not participate in a transaction under this chapter:
(1)a financial institution; in this paragraph, “financial institution” has the meaning given in AS 06.01.050 ;
(2)an insurer regulated by AS 21 , including a fraternal benefit society regulated under AS 21.84 ;
(3)a business and industrial development corporation under AS 10.10 ;
(4)a BIDCO under AS 10.13 ;
(5)a cooperative under AS 10.15 ;
(6)a cooperative under AS 10.25 (Electric and Telephone Cooperative Act);
(7)a public corporation; or
(8)a municipality.
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