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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Each cooperative shall file with the department before July 2 of the reporting year a biennial report signed by a principal officer or the general manager setting out
(1) its name and the address of its principal place of business in the state;
(2) the name of its registered agent and address of its registered office;
(3) the names and addresses of its principal officers and its general manager, if any;
(4) a statement of the aggregate number of shares that the cooperative may issue, itemized by classes, par value of shares, shares without par value;
(5) a statement of the aggregate number of shares subscribed, but not paid up, itemized by classes, par value of shares, shares without par value;
(6) a statement of the aggregate number of paid-up shares, itemized by classes, par value of shares, shares without par value;
(7) for cooperatives established without capital stock the biennial report shall contain a statement as to the amount of the membership fee and a statement as to the number of memberships which are issued;
(8) a brief statement of the character of the business in which the cooperative is engaged in this state.
(b) A domestic cooperative filing its articles of incorporation and a foreign cooperative receiving a certificate of authority during an even-numbered year must file the biennial report before July 2 of each even-numbered year. A cooperative filing its articles of incorporation or receiving its certificate of authority during an odd-numbered year must file the biennial report before July 2 of each odd-numbered year.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.15.320. Biennial report - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-15-320/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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