Alaska Stat. § 06.05.327
Current through Chapter 3 of the 2024 Legislative Session
Before a change may occur in the outstanding voting shares of a state bank that will result in a change in the control of the bank, or before any sales or transfers by or to a person, corporation or other legal entity of the aggregate of 10 percent or more of the voting shares of a state bank may be made, the transaction must be approved by the department.
AS 06.05.327