{"data":{"id":"us-ak/as-10.10.090","jurisdiction":"us-ak","citation":"AS 10.10.090","heading":"Powers of stockholders and members.","body":"The stockholders and the members of the corporation have the following powers of the corporation:\n(1) to determine the number of and elect directors as provided in AS 10.10.120;\n(2) to make, amend, and repeal bylaws;\n(3) to amend this charter as provided in AS 10.10.110;\n(4) to dissolve the corporation as provided in AS 10.10.180;\n(5) to do all things necessary or desirable to secure aid, assistance loans and other financing from any financial institutions, and from any agency established under 15 U.S.C. 661 — 697 (Small Business Investment Act of 1958), or other similar federal laws now or hereafter enacted;\n(6) to exercise other of the powers of the corporation consistent with this chapter which may be conferred on the stockholders and the members by the bylaws.","path":["Title 10. Corporations and Associations.","Chapter 10. Business and Industrial Development Corporation Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.10.090","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"a4436aba6e1b26d8b63cfe2c08206b4c000f7819cff9f044dce33117ef0295cf","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.10.080","next":"us-ak/as-10.10.100"},"notice":"GroundRules: Original legal text. Not legal advice."}