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- Alaska Statutes.
- Title 10. Corporations and Associations
- Chapter 13. Alaska Bidco Act
- Section 120. Corporate Name and Representation of Status.
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. Surrender of License.
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. Board of Directors.
AS 10.13.120. Corporate Name and Representation of Status.
- (a) The corporate name of a licensee must include the word "BIDCO" or "Bidco" and must be distinguishable on the records
of the department from the name of any other organized entity and from a reserved or registered name. A licensee may
not transact business under a name other than its corporate name. In this subsection, "organized entity" and "reserved
or registered name" have the meanings given in AS 10.35.040.
- (b) Before being issued a license, a corporation that proposes to apply for a license or that applies for a license may
perform, under a name that indicates that the corporation is a corporation licensed under this chapter, the acts
necessary to apply for and obtain a license and otherwise prepare to begin business as a licensee. The corporation may
not represent that it is a licensee until after the license has been obtained.
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