{"data":{"id":"us-ak/as-06.05.440","jurisdiction":"us-ak","citation":"AS 06.05.440","heading":"Authority to declare dividends.","body":"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.","path":["Title 6. Banks and Financial Institutions.","Chapter 05. Alaska Banking Code.","Article 5. Conduct of Corporate Affairs."],"source_url":"https://www.akleg.gov/basis/statutes.asp#06.05.440","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:15Z","sha256":"c2c3ab4ddc958c7bb93c391f29d646fd4e365aa7fa4cc494680839d8741b693c","source_id":"us-ak","stale":false,"prev":"us-ak/as-06.05.438","next":"us-ak/as-06.05.441"},"notice":"GroundRules: Original legal text. Not legal advice."}