Section 10.55.110. Excluded entities and transactions.

Latest version.

The following entities may not participate in a transaction under this chapter:
        (1) a financial institution; in this paragraph, "financial institution" has the meaning given in AS 06.01.050;
        (2) an insurer regulated by AS 21, including a fraternal benefit society regulated under AS 21.84;
        (3) a business and industrial development corporation under AS 10.10;
        (4) a BIDCO under AS 10.13;
        (5) a cooperative under AS 10.15;
        (6) a cooperative under AS 10.25 (Electric and Telephone Cooperative Act);
        (7) a public corporation; or
        (8) a municipality.

Notes

History

(Sec. 10 ch 60 SLA 2013)

                    
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