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AK HB123

Bill

Official Source

Status

Passed

10/16/2023

Primary Sponsor

Craig Johnson

Click for details

Origin

House of Representatives

33rd Legislature

AI Summary

  • Amends AS 10.06.504(d) to exempt corporations organized under the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et seq.) from the two-thirds affirmative vote requirement for amending articles of incorporation.

  • Maintains the two-thirds shareholder vote requirement for corporations existing before July 1, 1989, except for Alaska Native Claims Settlement Act corporations.

  • Takes effect immediately upon enactment under AS 01.10.070(c).

Legislative Description

Articles Of Incorporation For Ancsa Corps

Native Organizations

Last Action

EFFECTIVE DATE(S) OF LAW 8/29/23

10/16/2023

Committee Referrals

Rules5/5/2023
Community & Regional Affairs4/17/2023
Community & Regional Affairs3/17/2023

Full Bill Text

No bill text available