Section 10.10.090. Powers of stockholders and members.

The stockholders and the members of the corporation have the following powers of the corporation:
        (1) to determine the number of and elect directors as provided in AS 10.10.120;
        (2) to make, amend, and repeal bylaws;
        (3) to amend this charter as provided in AS 10.10.110;
        (4) to dissolve the corporation as provided in AS 10.10.180;
        (5) to do all things necessary or desirable to secure aid, assistance loans and other financing from any financial institutions, and from any agency established under 15 U.S.C. 661 -  697 (Small Business Investment Act of 1958), or other similar federal laws now or hereafter enacted;
        (6) to exercise other of the powers of the corporation consistent with this chapter which may be conferred on the stockholders and the members by the bylaws.

Notes

History

(Sec. 1 ch 94 SLA 1967)