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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 13. Alaska Bidco Act
Section 240. Limitation to Purposes of Business.
previous: Section 230. Scope of Management Assistance.
next: Section 250. Control of Other Businesses.

AS 10.13.240. Limitation to Purposes of Business.

Financing assistance and management assistance provided by a licensee to a business may only be for the business purposes of the business.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005