{"data":{"id":"us-ak/as-10.06.463","jurisdiction":"us-ak","citation":"AS 10.06.463","heading":"Removal of director by superior court.","body":"The superior court may, at the suit of the board or the shareholders holding at least 10 percent of the number of outstanding shares of any class, remove from office a director for fraudulent or dishonest acts, gross neglect of duty, or gross abuse of authority or discretion with reference to the corporation and may bar from reelection a director removed in that manner for a period prescribed by the court. The corporation shall be made a party to the suit.","path":["Title 10. Corporations and Associations.","Chapter 06. Alaska Corporations Code.","Article 6. Directors, Officers, Employees, and Agents."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.06.463","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"a0e16e95a988b193598a0943df45afcf3fbfea714e3889acea193f14bee72a21","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.06.460","next":"us-ak/as-10.06.465"},"notice":"GroundRules: Original legal text. Not legal advice."}