Section 06.05.345 - Articles of incorporation(a) In addition to those items required under AS 10.06.208, the articles of incorporation of a state bank must specify(1) the judicial district in which the bank is to be located and the community where the bank is to conduct its principal place of business;(2) the amount of its capital stock, which shall be divided into shares having a par value of not less than $1 each;(3) that there will be at least five but no more than 25 directors; and(4) the period for which the bank is organized, if limited.(b)[Repealed, Sec. 102 ch 26 SLA 1993].(c)[Repealed, Sec. 102 ch 26 SLA 1993].(d)[Repealed, Sec. 102 ch 26 SLA 1993].(e)[Repealed, Sec. 102 ch 26 SLA 1993].(f)[Repealed, Sec. 102 ch 26 SLA 1993].(g)[Repealed, Sec. 102 ch 26 SLA 1993].(h)[Repealed, Sec. 102 ch 26 SLA 1993].(i)[Repealed, Sec. 102 ch 26 SLA 1993].(j)[Repealed, Sec. 102 ch 26 SLA 1993].(k)[Repealed, Sec. 102 ch 26 SLA 1993].(l) A bank may amend its articles of incorporation in a manner consistent with its articles and bylaws, AS 10.06, and this chapter by a vote of its shareholders representing at least a majority of the capital at a regular meeting or at a special meeting called for the purpose.