Section 45.55.138. Application to Alaska Native Claims Settlement Act corporations.

Latest version.

The initial issue of stock of a corporation organized under Alaska law pursuant to 43 U.S.C. 1601 et seq. (Alaska Native Claims Settlement Act) is not a sale of a security under AS 45.55.070 and 45.55.990(28).

Authorities

45.55.139;45.55.900

Notes

Recent Bills that will modify this

HB 194 AK SECURITIES ACT; PENALTIES; CRT. RULES
SB 108 AK SECURITIES ACT; PENALTIES; CRT. RULES

Implemented As

3 AAC 08.305
3 AAC 08.315
3 AAC 08.325
3 AAC 08.335
3 AAC 08.345
3 AAC 08.355
3 AAC 08.365

References

AS 45.55.139 Reports of corporations.
AS 45.55.900 Exemptions.

History

(Sec. 6 ch 70 SLA 1972; am Sec. 60 ch 56 SLA 2005)

                    
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