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AS 10.06.310

Issuance of shares in series

Known as the Alaska Corporations Code

The act spans §§ 10–10 (251 sections).

If authorized by the articles of incorporation, the shares of a preferred or special class may be divided into and issued in series. Each series shall be designated to distinguish the shares of the series from the shares of other series and classes.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.