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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 13. Alaska Bidco Act
Section 285. "Hold Control" Defined.
previous: Section 280. Control of Other Businesses.
next: Section 290. Business Practice Standards and Reserves.

AS 10.13.285. "Hold Control" Defined.

In AS 10.13.250 - 10.13.280, "hold control" means to directly or indirectly own, of record or beneficially, 50 percent or more of a business's outstanding voting equity interests.

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Last modified 9/3/2005