Determination of net proceeds, savings, or losses.

  1. Law
  2. Alaska Statutes
  3. Corporations and Associations
  4. Alaska Cooperative Corporation Act
  5. Substantive Provisions.
  6. Determination of net proceeds, savings, or losses.

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For the purposes of AS 10.15.275 - 10.15.290 net proceeds or savings or net losses shall be computed in accordance with generally accepted accounting principles applicable to cooperative corporations, and after deducting from gross proceeds or savings dividends paid upon capital stock.


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