Alaska Statutes 18.55.380 – Corporation may use powers under other laws
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Terms Used In Alaska Statutes 18.55.380
- 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.
- Statute: A law passed by a legislature.
The corporation may invoke a power given to it under any statute, including the powers of eminent domain and those relating to the issuance of bonds and obligations with respect to a project undertaken or loan made or to be made under the authorization provided in Alaska Stat. § 18.55.300 – 18.55.470.