Section 10.15.290. Determination of net proceeds, savings, or losses.

Latest version.

For the purposes of AS 10.15.275  -  10.15.290 net proceeds or savings or net losses shall be computed in accordance with generally accepted accounting principles applicable to cooperative corporations, and after deducting from gross proceeds or savings dividends paid upon capital stock.

Notes

History

(Sec. 33(5) ch 107 SLA 1959)

                    
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