A person may not be a director or officer of a professional corporation if the person is not a shareholder of that corporation. A person may not be a shareholder, director, or officer of more than one professional corporation at one time.
AS 10.45.060
Qualifications of director, officer, or shareholder
Known as the Professional Corporation Act
The act spans §§ 10–10 (25 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.