Alaska § 10.13.320 - Examples of potential conflicts of interest.
Full text of Alaska Alaska Statutes § 10.13.320 — Examples of potential conflicts of interest., with citation guidance and answers to common questions.
§ 10.13.320. Examples of potential conflicts of interest.
(a) In AS 10.13.300 — 10.13.310, licensee transactions that involve a potential conflict of interest include (1) providing financing assistance to a principal shareholder of the licensee, to a person controlled by a principal shareholder of the licensee, or to a director, officer, partner, relative, controlling person, or affiliate of a principal shareholder of the licensee;
(2) providing financing assistance to a business to which one or more of the following provides or plans to provide contemporaneous financing assistance: (A) a principal shareholder of the licensee;
(B) a director, officer, partner, relative, controlling person, or affiliate of a principal shareholder of a licensee;
(C) an affiliate of a principal shareholder of a licensee; or
(D) a person controlled by a principal shareholder of the licensee;
(3) providing financing assistance to a business that has or is expected to have a substantial business relationship with another business that has a director, officer, or controlling person who is also (A) a director, officer, or controlling person of the licensee; or
(B) the spouse of a director, officer, or controlling person of the licensee;
(4) providing financing assistance to a business if the business, or a director, officer, or controlling person of the business contemporaneously has lent or will lend money to an associate of the licensee;
(5) providing financing assistance for the purchase of property of an associate or principal shareholder of the licensee;
(6) selling or otherwise transferring an asset of the licensee to an associate or principal shareholder of the licensee.
(b) In this section, “relative” means a parent, child, sibling, spouse, grandparent, grandchild, nephew, niece, aunt, or uncle, or a relative of the same degree through marriage.
Article 4. Acquisitions of Control, Mergers, Purchases, and Sales.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.13.320
What does Alaska Statutes § 10.13.320 cover?
Section 10.13.320 ("Examples of potential conflicts of interest.") 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 § 10.13.320?
A common citation format is "Alaska Statutes § 10.13.320" (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 § 10.13.320 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.