Alaska § 42.05.521 - Impaired capital.
Full text of Alaska Alaska Statutes § 42.05.521 — Impaired capital., with citation guidance and answers to common questions.
§ 42.05.521. Impaired capital.
When the commission finds that the capital of a public utility corporation is impaired, or might become impaired, it may, after investigation and hearing, issue an order directing the public utility to cease paying dividends on its common stock until the impairment has been removed.
Frequently Asked Questions About Alaska § 42.05.521
What does Alaska Statutes § 42.05.521 cover?
Section 42.05.521 ("Impaired capital.") 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 § 42.05.521?
A common citation format is "Alaska Statutes § 42.05.521" (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 § 42.05.521 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.