Alaska § 10.15.100 - Recall, acquisition, exchange, redemption, and reissuance of stock or other evidence of equity.
Full text of Alaska Alaska Statutes § 10.15.100 — Recall, acquisition, exchange, redemption, and reissuance of stock or other evidence of equity., with citation guidance and answers to common questions.
§ 10.15.100. Recall, acquisition, exchange, redemption, and reissuance of stock or other evidence of equity.
Unless the articles provide otherwise, a cooperative may recall membership stock upon termination of membership, and acquire, exchange, redeem, and reissue its own shares or other evidences of equity. The consideration paid for shares of membership stock recalled by the cooperative shall be the par value of the shares plus accrued and unpaid dividends, if any. However, if the shares have no par value the consideration paid shall be the consideration in dollars for which the shares were issued plus accrued and unpaid dividends. The cooperative may set off obligations to it of the holder of membership stock or other evidence of equity.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.15.100
What does Alaska Statutes § 10.15.100 cover?
Section 10.15.100 ("Recall, acquisition, exchange, redemption, and reissuance of stock or other evidence of equity.") 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 § 10.15.100?
A common citation format is "Alaska Statutes § 10.15.100" (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 § 10.15.100 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.