Shareholders may not use cumulative voting in the election of directors unless cumulative voting is allowed by the trust company's articles of incorporation.
Article 3. Operation of Offices.
AS 06.26.140
Cumulative voting
Known as the Revised Alaska Trust Company Act
The act spans §§ 6–6 (88 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.