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Code · Alaska · Title 6 · Chapter 5

Sec. 06.05.440. Authority to declare dividends.

41 words·~1 min read·/ak/title-6/chapter-5/06-05-440

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Sec. 06.05.440. Authority to declare dividends.
The directors of a bank transacting business in the state may declare a dividend out of the net profits, subject to any restrictions under AS 06.05.307
(c)and after complying with AS 06.05.441 — 06.05.445.
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