GroundRules
AS 06.05.440: Authority to declare dividends.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 05. Alaska Banking Code.
- Article 5. Conduct of Corporate Affairs.
The directors of a bank transacting business in the state may declare a dividend out of the net profits, subject to any restrictions under AS 06.05.307(c) and after complying with AS 06.05.441 — 06.05.445.
Collected 2026-09-02T06:16:15Z. Source file · JSON