Alaska § 10.25.540 - Business license and taxation of cooperatives.
Full text of Alaska Alaska Statutes § 10.25.540 — Business license and taxation of cooperatives., with citation guidance and answers to common questions.
§ 10.25.540. Business license and taxation of cooperatives.
(a) Cooperatives under this chapter shall apply for a business license and pay the initial license fee as provided by the Alaska Business License Act ( AS 43.70 ), as amended.
(b) Before March 1 of each year, (1) each telephone cooperative shall pay to the state, instead of state and local ad valorem, income, and excise taxes that may be assessed or levied, a percentage of its gross revenue earned during the preceding calendar year;
(2) each electric cooperative shall pay to the state, instead of state and local ad valorem, income, and excise taxes that may be assessed or levied, a tax on the number of kilowatt hours of electricity sold at retail by the cooperative during the preceding calendar year.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.25.540
What does Alaska Statutes § 10.25.540 cover?
Section 10.25.540 ("Business license and taxation of cooperatives.") 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 § 10.25.540?
A common citation format is "Alaska Statutes § 10.25.540" (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 § 10.25.540 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.