(a) Each cooperative shall file with the department before July 2 of the reporting year a biennial report signed by a principal officer or the general manager setting out (1) its name and the address of its principal place of business in the state; (2) the name of its registered agent and address of its registered office; (3) the names and addresses of its principal officers and its general manager, if any; (4) a statement of the aggregate number of shares that the cooperative may issue, itemized by classes, par value of shares, shares without par value; (5) a statement of the aggregate number of shares subscribed, but not paid up, itemized by classes, par value of shares, shares without par value; (6) a statement of the aggregate number of paid-up shares, itemized by classes, par value of shares, shares without par value; (7) for cooperatives established without capital stock the biennial report shall contain a statement as to the amount of the membership fee and a statement as to the number of memberships which are issued; (8) a brief statement of the character of the business in which the cooperative is engaged in this state. (b) A domestic cooperative filing its articles of incorporation and a foreign cooperative receiving a certificate of authority during an even-numbered year must file the biennial report before July 2 of each even-numbered year. A cooperative filing its articles of incorporation or receiving its certificate of authority during an odd-numbered year must file the biennial report before July 2 of each odd-numbered year.
‹ Prev All Alaska sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.