Alaska Statutes.
Title 10. Corporations and Associations
Chapter 15. Alaska Cooperative Corporation Act
Section 290. Determination of Net Proceeds, Savings, or Losses.
previous: Section 285. Manner of Apportionment and Distribution.
next: Section 295. Unclaimed Distribution, Redemptions, or Payments.

AS 10.15.290. Determination of Net Proceeds, Savings, or Losses.

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.

All content © 2024 by Touch N' Go/Bright Solutions, Inc.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2022. 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.