Section 10.15.280. Manner of payment.

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The apportionment, distribution, and payment of net proceeds or savings required by AS 10.15.275 may be in cash, credits, capital stock, certificates of interest, revolving fund certificates, letters of advice or other securities or certificates issued by the cooperative or by an affiliated domestic or foreign cooperative association whether or not incorporated under this chapter.

Notes

History

(Sec. 33(2) ch 107 SLA 1959)

                    
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