Alaska Statutes.
Title 10. Corporations and Associations
Chapter 6. Alaska Corporations Code
Section 340. Judgment of Board or Shareholders as to Value of Consideration Conclusive.
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AS 10.06.340. Judgment of Board or Shareholders as to Value of Consideration Conclusive.

In the absence of fraud in the transaction, the judgment of the board or the shareholders as to the value of the consideration received for shares is conclusive.

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