Terms Used In Alaska Statutes > Title 43 > Chapter 90 > Article 5 - General Provisions

• 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.
• applicant: means a person or group of persons that files an application for a license. See Alaska Statutes 43.90.900
• control: means the possession of ownership interest or authority sufficient to, directly or indirectly, and whether acting alone or in conjunction with others, direct or cause the direction of the management or policies of a company, and is rebuttably presumed if the voting interest held is 10 percent or more. See Alaska Statutes 43.90.900
• 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}
• lease: means an oil and gas, or gas, lease issued by this state. See Alaska Statutes 43.90.900
• license: means a license issued under this chapter. See Alaska Statutes 43.90.900
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
• point of production: has the meaning given in AS 43. See Alaska Statutes 43.90.900
• Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
• project: means a natural gas pipeline project authorized under a license issued under this chapter. See Alaska Statutes 43.90.900
• state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
• under common control with: has the meaning given "control" in this section. See Alaska Statutes 43.90.900