{"data":{"id":"us-ak/as-06.05.310","jurisdiction":"us-ak","citation":"AS 06.05.310","heading":"Correction of impairment of capital.","body":"If the department determines that the order is necessary for the protection of depositors, the department may issue an order under AS 06.01.030 to require a state bank to increase its capital accounts or to reduce its deposits. In making a decision whether to issue an order under this section, the department shall consider the\n(1) quality of management;\n(2) quality and liquidity of assets;\n(3) history of earnings and retention of earnings;\n(4) quality and character of ownership;\n(5) potential volatility of deposit structure;\n(6) quality and cost of bank operations; and\n(7) capacity to meet present and future needs of the area served, considering the bank's competition.","path":["Title 6. Banks and Financial Institutions.","Chapter 05. Alaska Banking Code.","Article 4. Organization, Incorporation, Certification, Capital Structure, and General Powers, Limitations, and Requirements."],"source_url":"https://www.akleg.gov/basis/statutes.asp#06.05.310","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:15Z","sha256":"c855d139dba26b83bfe5ab6a0f1592a43059e3d99c6676f865342913e600666d","source_id":"us-ak","stale":false,"prev":"us-ak/as-06.05.307","next":"us-ak/as-06.05.315"},"notice":"GroundRules: Original legal text. Not legal advice."}