Section 26.27.010. Creation and termination of corporation.  


Latest version.
  •    (a) The Alaska Aerospace Corporation is created as a public corporation of the state. The corporation is a body corporate and politic located for administrative purposes within the Department of Military and Veterans' Affairs and affiliated with the University of Alaska but with a separate and independent legal existence.
       (b) The corporation may not be terminated as long as it has bonds, notes, or other obligations outstanding. If the corporation is terminated, it shall be terminated in a manner that permits the University of Alaska and Poker Flat Research Range to continue their research and educational missions uninterrupted.

Authorities

14.40.821;39.50.200

Notes


References

AS 14.40.821 Creation and termination of corporation. [Repealed, E.O. No.
AS 39.50.200 Definitions.
History

(E.O. No. 115 Sec. 2 (2011))



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