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§ 10-15-290 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 10 - Corporations and Associations/
  5. Chapter 15 - Alaska Cooperative Corporation Act/
  6. Article 1 - Substantive Provisions.sec. 10.15.005. Purposes for Which Cooperatives May Be Organized/
  7. § 10-15-290
Alaska Legal Code

§ 10-15-290

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For the purposes of AS 10.15.275 - 10.15.290 net proceeds or savings or net losses shall be computed in accordance with generally accepted accounting principles applicable to cooperative corporations, and after deducting from gross proceeds or savings dividends paid upon capital stock.