{"data":{"id":"us-ak/as-10.55.110","jurisdiction":"us-ak","citation":"AS 10.55.110","heading":"Excluded entities and transactions.","body":"The following entities may not participate in a transaction under this chapter:\n(1) a financial institution; in this paragraph, “financial institution” has the meaning given in AS 06.01.050;\n(2) an insurer regulated by AS 21, including a fraternal benefit society regulated under AS 21.84;\n(3) a business and industrial development corporation under AS 10.10;\n(4) a BIDCO under AS 10.13;\n(5) a cooperative under AS 10.15;\n(6) a cooperative under AS 10.25 (Electric and Telephone Cooperative Act);\n(7) a public corporation; or\n(8) a municipality.","path":["Title 10. Corporations and Associations.","Chapter 55. Alaska Entity Transactions Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.55.110","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"5f9e5ba8a735256c24d2739d826c8e6bf6cfd29ec82b9696b26138f9d700d80d","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.55.109","next":"us-ak/as-10.55.120"},"notice":"GroundRules: Original legal text. Not legal advice."}