Alaska § 10.15.460 - Voluntary dissolution by act of cooperative.
Full text of Alaska Alaska Statutes § 10.15.460 — Voluntary dissolution by act of cooperative., with citation guidance and answers to common questions.
§ 10.15.460. Voluntary dissolution by act of cooperative.
(a) A cooperative may be dissolved by the act of the cooperative, when authorized in the manner set out in this section.
(b) The board shall adopt a resolution directing the question of dissolution to be submitted to a vote at an annual or special meeting of members.
(c) Written notice shall be given to each member in the manner provided in this chapter for the giving of notice of meetings of members, and must state that the purpose, or one of the purposes, of the meeting is to consider the advisability of dissolving the cooperative.
(d) At the meeting a vote of members shall be taken on a resolution to dissolve the cooperative. The resolution is adopted if it receives the affirmative vote of two-thirds of the member votes cast. The articles may permit shareholders to vote on a resolution for dissolution, and may fix the proportion of authorized shareholder votes required for adoption.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.15.460
What does Alaska Statutes § 10.15.460 cover?
Section 10.15.460 ("Voluntary dissolution by act of cooperative.") 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 § 10.15.460?
A common citation format is "Alaska Statutes § 10.15.460" (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 § 10.15.460 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.