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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 6. Alaska Corporations Code
Section 390. Capitalization of Retained Earnings.
previous: Section 388. Acquisition of Corporation's Own Shares; Reissuance or Retirement.
next: Section 405. Meetings of Shareholders.

AS 10.06.390. Capitalization of Retained Earnings.

The paid-in capital of a corporation may be increased by resolution of the board directing that all or a part of the retained earnings of the corporation be transferred to the paid-in capital account.

Article 05. SHAREHOLDERS AND RECORDS


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Last modified 9/3/2005