{"data":{"id":"us-ak/as-10.45.050","jurisdiction":"us-ak","citation":"AS 10.45.050","heading":"Issuance of shares.","body":"A professional corporation may issue shares of its capital stock to persons licensed by a regulatory board of the state to render the professional service specified in the articles of incorporation, or to a revocable or joint revocable trust if a settlor of the trust is a person licensed by a regulatory board of the state to render the professional service specified in the articles of incorporation. It may not issue shares to any other person or trust.","path":["Title 10. Corporations and Associations.","Chapter 45. Professional Corporation Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.45.050","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"d5706a0e5fc870796cf80bd3fc96815e64b01bb6a5e7f544d9135bdb2d33d1a9","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.45.040","next":"us-ak/as-10.45.060"},"notice":"GroundRules: Original legal text. Not legal advice."}