Alaska Statutes 43.70.110 – Definitions
Current as of: 2023 | Check for updates
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In this chapter, unless the context otherwise requires,
Terms Used In Alaska Statutes 43.70.110
- business: means a for profit or nonprofit entity engaging or offering to engage in a trade, a service, a profession, or an activity with the goal of receiving a financial benefit in exchange for the provision of services, or goods or other property. See Alaska Statutes 43.70.110
- commissioner: means the commissioner of commerce, community, and economic development. See Alaska Statutes 43.70.110
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 43.70.110
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- property: includes real and personal property. See Alaska Statutes 01.10.060