{"data":{"id":"us-ak/as-45.08.201","jurisdiction":"us-ak","citation":"AS 45.08.201","heading":"“Issuer”.","body":"(a) With respect to obligations on or defenses to a security, “issuer” includes a person who\n(1) places or authorizes the placing of the person's name on a security certificate, other than as authenticating trustee, registrar, transfer agent, or the like, to evidence a share, participation, or other interest in the person's property or in an enterprise, or to evidence the person's duty to perform an obligation represented by the certificate;\n(2) creates shares, participations, or other interests in that person's property or in an enterprise, or undertakes obligations, if the shares, participations, interests, or obligations are uncertificated securities;\n(3) directly or indirectly creates fractional interests in the person's rights or property, if the fractional interests are represented by security certificates; or\n(4) becomes responsible for, or in place of, another person described as an issuer in this section.\n(b) With respect to obligations on or defenses to a security, a guarantor is an issuer to the extent of the guarantor's guarantee, whether or not the guarantor's obligation is noted on a security certificate.\n(c) With respect to registration of a transfer, “issuer” means a person on whose behalf transfer books are maintained.","path":["Title 45. Trade and Commerce.","Chapter 08. Investment Securities.","Article 2. Issue — Issuer."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.08.201","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"9de28b368af7b6c0822a092eefd234f9ae1d182b98efec82a81069db97d766ed","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.08.116","next":"us-ak/as-45.08.202"},"notice":"GroundRules: Original legal text. Not legal advice."}