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AS 42.05.531

Distribution of surplus and profits

Known as the Alaska Public Utilities Regulatory Act

The act spans §§ 42–42 (153 sections).

The surplus and profits of a public utility shall be distributed in accordance with the bylaws or ordinances controlling the utility.

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