Alaska Const. art. 12, § 8

Alaska Constitution

Article 12, § 8 — Private corporations — Issuance of stocks or bonds — Conditions and restrictions

This text of Alaska Const. art. 12, § 8 (Private corporations — Issuance of stocks or bonds — Conditions and restrictions) is published on Counsel Stack Legal Research, covering Alaska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionAlaska DocumentConstitution

Article12

Section§ 8

CitationAlaska Const. art. 12, § 8

Bluebook

Alaska Const. art. 12, § 8.

Full Text

No private corporation shall issue stocks or bonds, except for money or property actually received, or labor done; and all fictitious increase of stock or indebtedness shall be void; nor shall the stock or bonded indebtedness of any private corporation be increased, except in pursuance of general laws; nor until the consent of the persons holding the larger amount, in value, of stock, shall be obtained at a meeting held after notice given, for a period not less than sixty days, in pursuance of law.

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No private corporation shall issue stocks or bonds, except for money or property actually received, or labor done; and all fictitious increase of stock or indebtedness shall be void; nor shall the stock or bonded indebtedness of any private corporation be increased, except in pursuance of general laws; nor until the consent of the persons holding the larger amount, in value, of stock, shall be obtained at a meeting held after notice given, for a period not less than sixty days, in pursuance of law.

History

Effective: 1874-10-13

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Bluebook (online)

Alaska Const. art. 12, § 8, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ak/12/8.