Alaska Statutes 26.27.220 – Right of obligee of corporation to bring injunction
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 26.27.220
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
- 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.
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
An obligee of the corporation may, in addition to all other rights that may be conferred and subject only to contractual restriction binding upon the obligee, seek an injunction or an action in nature of an action for mandamus against the members, the corporation, its officers, agents, or employees.