Alaska Stat. § 06.26.470
This is the official text of Alaska Stat. § 06.26.470, part of Alaska’s Stat — part of the compiled statutory law of Alaska, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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Decision on application for acquisition of control.
Official statutory text
(a) The department shall approve or deny an application for acquisition of control not later than the 60th day after the date that the notice regarding acquisition of control is published under AS 06.26.460 .
(b) If the department approves an application filed under AS 06.26.460 , the applicant may acquire control. Any written commitment from the proposed transferee offered to and accepted by the department as a condition for approval of the application is enforceable against the trust company and the transferee.
(b) If the department approves an application filed under AS 06.26.460 , the applicant may acquire control. Any written commitment from the proposed transferee offered to and accepted by the department as a condition for approval of the application is enforceable against the trust company and the transferee.
Status: in_force · Read it on the official government site
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