Alaska Statutes.
Title 45. Trade and Commerce
Chapter 55. Alaska Securities Act
Section 138. Application to Alaska Native Claims Settlement Act Corporations.
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AS 45.55.138. Application to Alaska Native Claims Settlement Act Corporations.

The initial issue of stock of a corporation organized under Alaska law pursuant to 43 U.S.C. 1601 et seq. (Alaska Native Claims Settlement Act) is not a sale of a security under AS 45.55.070 and 45.55.990(28).

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