Alaska Nonprofit Corporation Definition
Alaska Nonprofit Corporation
DEFINITION
Alaska Nonprofit Corporation are organized for some purpose other than making a profit. Non-profit Corporations may be organized under this chapter for any lawful purpose, including, but not limited to, one or more of the following: charitable; religious; benevolent; educational; civic; patriotic; political; social; fraternal; literary; cultural; athletic; scientific; and professional, commercial, industrial, or trade association purposes. An Alaskan non-profit corporation is controlled by a Board of a minimum of seven (7) titled official positions: president; vice-president; secretary; treasurer; and three directors. A foreign (non-Alaskan) non-profit corporation control is established in its home state statutes and regulations. Note: most filings submitted to this office require both the president and secretary’s signatures. The president and secretary cannot be the same person.
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