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§ 06-05-320 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 6 - Banks and Financial Institutions/
  5. Chapter 05 - Alaska Banking Code/
  6. Article 4 - Organization, Incorporation, Certification, Capital Structure, and General Powers, Limitations, and Requirements.sec. 06.05.301. Applicability of Corporations Code/
  7. § 06-05-320
Alaska Legal Code

§ 06-05-320

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Except in accordance with written approval of the department, a bank may not purchase its own capital stock.