Alaska § 06.26.470 - Decision on application for acquisition of control.

Full text of Alaska Alaska Statutes § 06.26.470 — Decision on application for acquisition of control., with citation guidance and answers to common questions.

§ 06.26.470. Decision on application for acquisition of control.

 (a) The department shall approve or deny an application for acquisition of control not later than the 60th day after the date that the notice regarding acquisition of control is published under AS 06.26.460 .

 (b) If the department approves an application filed under AS 06.26.460 , the applicant may acquire control. Any written commitment from the proposed transferee offered to and accepted by the department as a condition for approval of the application is enforceable against the trust company and the transferee.

Source: official Alaska text · Last verified 2026-08-27

Frequently Asked Questions About Alaska § 06.26.470

What does Alaska Statutes § 06.26.470 cover?

Section 06.26.470 ("Decision on application for acquisition of control.") 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 § 06.26.470?

A common citation format is "Alaska Statutes § 06.26.470" (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 § 06.26.470 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.