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§ 10-13-120 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 10 - Corporations and Associations/
  5. Chapter 13 - Alaska Bidco Act/
  6. Article 2 - Corporate Matters.sec. 10.13.120. Corporate Name and Representation of Status/
  7. § 10-13-120
Alaska Legal Code

§ 10-13-120

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(a) The corporate name of a licensee must include the word 'BIDCO' or 'Bidco' and must be distinguishable on the records of the department from the name of any other organized entity and from a reserved or registered name. A licensee may not transact business under a name other than its corporate name. In this subsection, 'organized entity' and 'reserved or registered name' have the meanings given in AS 10.35.040. (b) Before being issued a license, a corporation that proposes to apply for a license or that applies for a license may perform, under a name that indicates that the corporation is a corporation licensed under this chapter, the acts necessary to apply for and obtain a license and otherwise prepare to begin business as a licensee. The corporation may not represent that it is a licensee until after the license has been obtained.