Alaska § 06.05.345 - Articles of incorporation.
Full text of Alaska Alaska Statutes § 06.05.345 — Articles of incorporation., with citation guidance and answers to common questions.
§ 06.05.345. Articles of incorporation.
(a) In addition to those items required under AS 10.06.208 , the articles of incorporation of a state bank must specify (1) the judicial district in which the bank is to be located and the community where the bank is to conduct its principal place of business;
(2) the amount of its capital stock, which shall be divided into shares having a par value of not less than $1 each;
(3) that there will be at least five but no more than 25 directors; and
(4) the period for which the bank is organized, if limited.
(b) [Repealed, § 102 ch 26 SLA 1993.] (c) [Repealed, § 102 ch 26 SLA 1993.] (d) [Repealed, § 102 ch 26 SLA 1993.] (e) [Repealed, § 102 ch 26 SLA 1993.] (f) [Repealed, § 102 ch 26 SLA 1993.] (g) [Repealed, § 102 ch 26 SLA 1993.] (h) [Repealed, § 102 ch 26 SLA 1993.] (i) [Repealed, § 102 ch 26 SLA 1993.] (j) [Repealed, § 102 ch 26 SLA 1993.] (k) [Repealed, § 102 ch 26 SLA 1993.] (l) A bank may amend its articles of incorporation in a manner consistent with its articles and bylaws, AS 10.06 , and this chapter by a vote of its shareholders representing at least a majority of the capital at a regular meeting or at a special meeting called for the purpose.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 06.05.345
What does Alaska Statutes § 06.05.345 cover?
Section 06.05.345 ("Articles of incorporation.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 06.05.345?
A common citation format is "Alaska Statutes § 06.05.345" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 06.05.345 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.