Sec. 45.55.138. Application to Alaska Native Claims Settlement Act corporations.
45 words·~1 min read·
/ak/title-45/chapter-55/45-55-138A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 45.55.138. Application to Alaska Native Claims Settlement Act corporations.
The initial issue of stock of a corporation organized under Alaska law under 43 U.S.C. 1601 et seq. (Alaska Native Claims Settlement Act) is not a sale of a security under AS 45.56.100 and 45.56.900(29).