Terms Used In Alaska Statutes > Title 14 > Chapter 42 > Article 3 - General Provisions

• board: means the state Board of Education and Early Development. See Alaska Statutes 14.60.010
• 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.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.