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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 6. Alaska Corporations Code
Section 328. Irrevocability of Subscriptions For Shares.
previous: Section 325. Redemption of Shares; Creation of Sinking Fund; Repurchase Agreements.
next: Section 330. Payment of Subscription For Shares.

AS 10.06.328. Irrevocability of Subscriptions For Shares.

A subscription for shares of a corporation to be organized is irrevocable for a period of six months, unless the subscription agreement provides otherwise or unless all of the subscribers consent to the revocation of the subscription.


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Last modified 9/3/2005