Alaska § 06.05.440 - Authority to declare dividends.
Full text of Alaska Alaska Statutes § 06.05.440 — Authority to declare dividends., with citation guidance and answers to common questions.
§ 06.05.440. Authority to declare dividends.
The directors of a bank transacting business in the state may declare a dividend out of the net profits, subject to any restrictions under AS 06.05.307 (c) and after complying with AS 06.05.441 — 06.05.445.
Frequently Asked Questions About Alaska § 06.05.440
What does Alaska Statutes § 06.05.440 cover?
Section 06.05.440 ("Authority to declare dividends.") 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 § 06.05.440?
A common citation format is "Alaska Statutes § 06.05.440" (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 § 06.05.440 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.