Alaska § 10.15.115 - Missing certificates or ownership records.
Full text of Alaska Alaska Statutes § 10.15.115 — Missing certificates or ownership records., with citation guidance and answers to common questions.
§ 10.15.115. Missing certificates or ownership records.
(a) When a certificate for a security issued by a cooperative is missing, the cooperative shall issue a duplicate certificate upon the request of the owner and upon the furnishing of the indemnity required by the cooperative.
(b) When records showing ownership of securities are missing or if records upon which the apportionment of securities is based are missing, and in either case if the information which is missing is necessary to a proposed redemption of the securities, the cooperative may give notice and redeem the securities as follows: (1) the cooperative shall set aside an amount equal to the value of the securities to be redeemed;
(2) the cooperative shall give notice of the redemption to all owners of securities of whom the cooperative has knowledge;
(3) if the ownership of any securities is unknown to the cooperative, it shall publish notice of the redemption at least once a month for four months in a newspaper of general circulation in the judicial district in which the registered office of the cooperative is located;
(4) after publication, unclaimed outstanding securities represented by the missing records may be terminated in accordance with the provisions of this chapter dealing with unclaimed distributions, redemptions or proceeds.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.15.115
What does Alaska Statutes § 10.15.115 cover?
Section 10.15.115 ("Missing certificates or ownership records.") 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 § 10.15.115?
A common citation format is "Alaska Statutes § 10.15.115" (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 § 10.15.115 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.