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Current as of January 01, 2022 | Updated by FindLaw Staff
Corporations may be organized under this chapter for any lawful purpose, including, but not limited to, one or more of the following: charitable; religious; benevolent; eleemosynary; educational; civic; cemetery; patriotic; political; social; fraternal; literary; cultural; athletic; scientific; agricultural; horticultural; animal husbandry; and professional, commercial, industrial, or trade association purposes. Trade unions and other labor organizations may also be organized under this chapter, but cooperative corporations, electric and telephone cooperatives, and organizations subject to state insurance or banking laws may not be organized under this chapter.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.20.005. Purposes - last updated January 01, 2022 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-20-005/
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 or via Westlaw before relying on it for your legal needs.
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