A cooperative that fails to pay the annual license fee before August 15 shall pay a penalty of $10 for each year or part of a year of delinquency.
AS 10.15.550
Penalty
Known as the Alaska Cooperative Corporation Act
The act spans §§ 10–10 (121 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.