GroundRules
AS 42.05.521: Impaired capital.
Where this section sits in the code
- Title 42. Public Utilities and Carriers and Energy Programs.
- Chapter 05. Alaska Public Utilities Regulatory Act.
- Article 6. Financial and Management Regulation.
When the commission finds that the capital of a public utility corporation is impaired, or might become impaired, it may, after investigation and hearing, issue an order directing the public utility to cease paying dividends on its common stock until the impairment has been removed.
Collected 2026-09-02T06:19:21Z. Source file · JSON