Alaska Statutes 10.06.453 – Number, election, and tenure of directors; initial directors
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Alaska Statutes 10.06.453
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- approval of the outstanding shares: means approved by the affirmative vote of a majority of the outstanding shares entitled to vote. See Alaska Statutes 10.06.990
- board: means the board of directors of a domestic or foreign corporation. See Alaska Statutes 10.06.990
- director: means a natural person designated in the articles of incorporation or elected by the incorporators as a director and includes a natural person and successor of that person designated, elected, or appointed by any other name or title to act as a director. See Alaska Statutes 10.06.990
- entire board: means the total number of directors that the corporation has if there are no vacancies. See Alaska Statutes 10.06.990
- shares: means the units into which the proprietary interests in a corporation are divided. See Alaska Statutes 10.06.990
- vacancy: when used with respect to the board means any authorized position of director that is not then filled by a duly elected director, whether caused by death, resignation, removal, change in the authorized number of directors, or otherwise. See Alaska Statutes 10.06.990
- vote: includes authorization by written consent subject to the provisions of Alaska Stat. See Alaska Statutes 10.06.990