Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.13. ALASKA BIDCO ACT. |
Article 10.13.03. TRANSACTION OF BUSINESS. |
Section 10.13.285. "Hold control" defined.
Latest version.
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In AS 10.13.250 - 10.13.280, "hold control" means to directly or indirectly own, of record or beneficially, 50 percent or more of a business's outstanding voting equity interests.
Notes
History
(Sec. 1 ch 133 SLA 1992)