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- Alaska Statutes.
- Title 6. Banks and Financial Institutions
- Chapter 5. Alaska Banking Code
- Section 385. Organizational Meeting; Bylaws.
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. Affidavit of Capital Paid in. [Repealed, Sec. 102 Ch 26 SLA 1993].
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. , 06.05.395. Reimbursement of Officer, Director or Employee For Expenses in Defending Suits; Certificate of Authority Required. [Repealed, Sec. 102 Ch 26 SLA 1993].
AS 06.05.385. Organizational Meeting; Bylaws.
- (a) A state bank may not call an organizational meeting under AS 10.06.223 until all capital and surplus have been fully
- (b) Bylaws shall be adopted and may be amended by a vote of the holders of a majority of the outstanding voting shares
voted at a meeting of the shareholders. If not provided in the articles of incorporation, the bylaws must indicate the
organizational structure of the bank and specifically designate the offices that will be held by the executive or
managing officers of the bank. The bank shall file with the department copies of the original bylaws of the bank and
any amendments adopted for the bylaws.
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