Alaska Statutes 18.55.440 – Additional powers to acquire land or interests in land
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For the purpose of carrying out Alaska Stat. § 18.55.300 – 18.55.470, the corporation may acquire by purchase, lease, condemnation, or otherwise,
Terms Used In Alaska Statutes 18.55.440
- 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.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC