Authority to declare dividends.

  1. Law
  2. Alaska Statutes
  3. Banks and Financial Institutions
  4. Alaska Banking Code
  5. Conduct of Corporate Affairs.
  6. Authority to declare dividends.

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The directors of a bank transacting business in the state may declare a dividend out of the net profits, subject to any restrictions under AS 06.05.307(c) and after complying with AS 06.05.441 - 06.05.445.


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