reglab/housing_qa huggingface dataset:
AK Stat § 10.25.145 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.145. Liability, indemnification, and insurance.

(a) A protected person is not individually liable for conduct performed within the scope of the person's duties for the cooperative. However, the protected person may be held individually liable for conduct if it was not reasonable for the person to believe that the conduct was in, or not contrary to, the best interests of the cooperative. (b) Unless prohibited by the articles of incorporation or bylaws, the cooperative shall indemnify a protected person who is or may be made a party to a contested matter against expenses actually and reasonably incurred in connection with the contested matter. However, the cooperative may not indemnify the protected person if the person did not reasonably believe the conduct to be in, or not opposed to, the best interests of the cooperative. With respect to a criminal action or proceeding, the cooperative shall indemnify a protected person unless the person had reasonable cause to believe that the conduct was unlawful. (c) A cooperative may purchase and maintain insurance on behalf of a protected person against liability asserted against the protected person and incurred in an official capacity or arising out of the person's status, whether or not the cooperative would have the power to indemnify the person against the liability under this section. (d) In this section, (1) “conduct” includes action, inaction, and omission; (2) “contested matter” means a proposed, pending, or completed action or proceeding, whether civil, criminal, administrative, or investigative; (3) “expenses” include attorney fees, judgments, fines, and amounts paid in settlement; (4) “protected person” means a director, officer, employee, or agent of a cooperative.
AK Stat § 10.25.150 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.150. Term of office of directors.

The directors of a cooperative named in articles of incorporation, consolidation, merger, or conversion hold office until the next annual meeting of the members and until their successors are elected and qualify. Each elected director holds office for the term for which elected and until a successor is elected and qualifies.
AK Stat § 10.25.160 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.160. Staggered terms of office for directors.

Instead of electing all directors annually, the bylaws may provide that directors shall be elected for terms not to exceed four years, or until their successors are elected and qualify, and that the terms of directors shall be staggered so that not all terms expire at the same time.
AK Stat § 10.25.170 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.170. Quorum of board.

A majority of the board of directors constitutes a quorum.
AK Stat § 10.25.175 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.175. Board meetings open; exceptions; notice; remedy.

(a) A meeting of the board of directors may be attended by members of the cooperative. Except when voice votes are authorized, a vote shall be conducted in such a manner that the members may know the vote of each person entitled to vote. The board of directors may conduct a meeting by teleconference, or another means of communication that ensures all participating directors can hear each other during the meeting, if the board gives reasonable notice of the meeting and if members of the cooperative are able to attend the meeting sites and hear the meeting. This section applies only to a meeting at which a quorum of the board participates. (b) If excepted subjects are to be discussed at a meeting, the meeting must first be convened as a regular or special meeting and the question of holding an executive session to discuss matters that come within the exceptions contained in (c) of this section shall be determined by a majority vote of the board. No subjects may be considered at the executive session except those mentioned in the motion calling for the executive session unless auxiliary to the main question. Formal action may not be taken during the executive session. (c) The following excepted subjects may be discussed in an executive session: (1) matters the immediate knowledge of which would clearly have an adverse effect on the finances of the cooperative; (2) subjects that tend to prejudice the reputation and character of a person; however, the person may request a public discussion; (3) matters discussed with an attorney for the cooperative, the immediate knowledge of which could have an adverse effect on the legal position of the cooperative; (4) personnel matters. (d) Notice shall be given for all regular or special meetings of the board of directors as provided in the bylaws of the cooperative. (e) A member affected by action taken contrary to this section may bring a suit in the superior court. The court may order appropriate equitable relief after considering the circumstances of the case. Action taken contrary to this section is not void if other equitable relief is available and appropriate.
AK Stat § 10.25.180 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.180. General powers of board.

The board of directors may exercise all of the powers of a cooperative not conferred upon the members by this chapter, its articles of incorporation, or its bylaws.
AK Stat § 10.25.190 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.190. Districts.

The bylaws may provide for the division of the territory served or to be served by a cooperative into two or more districts for any purpose, including, without limitation, the nomination and election of directors and the election and functioning of district delegates. These delegates, who shall be members, may nominate and elect directors. The bylaws shall prescribe the boundaries of the districts, or the manner of establishing the boundaries, and the manner of changing the boundaries, and the manner in which the districts function. A member at any district meeting and a district delegate at any meeting may not vote by proxy, by mail, or by electronic transmission. However, the election of directors shall be by mail or, if the bylaws so provide, by electronic transmission, as specified by the cooperative, except that electronic transmission may not be the only allowed option for voting.
AK Stat § 10.25.200 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.200. Officers, agents, and employees.

The officers of a cooperative are those officers authorized by the bylaws. The officers shall be elected annually by the board of directors from among its members. If authorized by the bylaws, the election may be conducted by written ballot. When a person holding an office ceases to be a director, that person ceases to hold office. The board of directors may appoint those other agents or employees that it considers necessary or advisable and shall prescribe their powers and duties. An officer may be removed from office and a successor elected in the manner prescribed in the bylaws.
AK Stat § 10.25.210 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.210. Amendment of articles of incorporation.

A cooperative may amend its articles of incorporation as follows, except that it may change the location of its principal office in the manner set out in AS 10.25.230: (1) the proposed amendment shall be presented to the members or district delegates at a meeting or by written notice; if the proposed amendment is presented at a meeting, the notice of the meeting must set out or have attached to it the proposed amendment; (2) if the proposed amendment, with any changes, is approved by the affirmative vote of not less than two-thirds of those members or district delegates voting on it, the presiding officer of the board of directors shall execute and acknowledge articles of amendment on behalf of the cooperative, and the officer designated by the board shall affix and attest to the seal of the cooperative; if the cooperative accepts ballots both at a meeting and by mail or by electronic transmission, a member may vote by mail, by electronic transmission, or at the meeting, as specified by the cooperative, except that electronic transmission may not be the only allowed option for voting.
AK Stat § 10.25.220 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.220. Contents of articles of amendment.

(a) The articles of amendment must recite that they are executed under this chapter and must state (1) the name of the cooperative; (2) the address of its principal office; (3) the amendment to its articles of incorporation. (b) The presiding officer executing the articles of amendment shall make and annex to them an affidavit stating that the provisions of AS 10.25.210 and this section regarding the amendment were complied with.
AK Stat § 10.25.230 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.230. Change of location of principal office.

A cooperative may, upon authorization of its board of directors or its members, change the location of its principal office by filing a certificate reciting the change of principal office, executed and acknowledged by its presiding officer under its seal, attested by the officer designated by the board, in the office of the commissioner.
AK Stat § 10.25.235 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 1. Substantive Provisions.|Sec. 10.25.235. Member's right to examine books and records.

A member of a cooperative may, at a reasonable time and for a proper purpose, examine and make copies of the books and records of the cooperative at the principal office of the cooperative. The cooperative may charge a member an amount equal to the actual cost of duplicating documents requested under this section. The cooperative may withhold books and records concerning specific matters that were prepared for or during an executive session under AS 10.25.175(c) and not subsequently made public by the cooperative. The cooperative may also withhold the identity of public information that was referred to during the executive session.
AK Stat § 10.25.240 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 2. Merger, Consolidation, and Conversion.|Sec. 10.25.240. Merger.

(a) Except as provided in (b) of this section, one or more cooperatives, each designated in this section as “merging cooperative,” may merge into another cooperative, designated in this section as “surviving cooperative,” by complying with the following requirements: (1) the proposition for the merger of the merging cooperatives into the surviving cooperative and proposed articles of merger shall be submitted to the members of each merging cooperative and of the surviving cooperative; the notice shall have attached to it a copy of the proposed articles of merger; (2) if the proposed merger and the proposed articles of merger, with any amendments, are approved by the affirmative vote of not less than two-thirds of those members of each cooperative voting on them, articles of merger in the form approved shall be executed and acknowledged on behalf of each cooperative by its presiding officer and its seal shall be affixed by the officer designated by the board. (b) A merger of electric or telephone cooperatives may not take effect unless the surviving cooperative expressly agrees to comply with the terms of each collective bargaining agreement entered into between a merging cooperative and a labor organization representing employees of the cooperative that is in effect on the date of merger.
AK Stat § 10.25.250 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 2. Merger, Consolidation, and Conversion.|Sec. 10.25.250. Contents of articles of merger.

(a) The articles of merger must recite that they are executed under this chapter and must state (1) the name of each merging cooperative and the address of its principal office; (2) the name of the surviving cooperative and the address of its principal office; (3) a statement that each merging cooperative and the surviving cooperative agree to the merger; (4) the names and addresses of the directors of the surviving cooperative; (5) the terms and conditions of the merger and the manner of carrying it into effect, including the manner in which members of the merging cooperatives may or shall become members of the surviving cooperative. (b) The articles of merger may contain provisions not inconsistent with this chapter that are considered necessary or advisable for the conduct of the business of the surviving cooperative. (c) The presiding officer of each cooperative shall make and annex to the articles an affidavit stating that the provisions of this section regarding the articles were complied with by the cooperative.
AK Stat § 10.25.260 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 2. Merger, Consolidation, and Conversion.|Sec. 10.25.260. Consolidation.

Two or more cooperatives, designated in this section as “consolidating cooperative,” may consolidate into a new cooperative, designated in this section as the “new cooperative,” by complying with the following requirements: (1) the proposition for the consolidation into the new cooperative and proposed articles of consolidation shall be submitted to the members of each consolidating cooperative; the notice shall have attached to it a copy of the proposed articles of consolidation; (2) if the proposed consolidation and the proposed articles of consolidation, with any amendments, are approved by the affirmative vote of not less than two-thirds of those members of each consolidating cooperative voting on them, articles of consolidation in the form approved shall be executed and acknowledged on behalf of each consolidating cooperative by its presiding officer and its seal shall be affixed and attested by the officer designated by the board.
AK Stat § 10.25.270 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 2. Merger, Consolidation, and Conversion.|Sec. 10.25.270. Contents of articles of consolidation.

(a) The articles of consolidation must recite that they are executed pursuant to this chapter and must state (1) the name of each consolidating cooperative and the address of its principal office; (2) the name of the new cooperative and the address of its principal office; (3) a statement that each consolidating cooperative agrees to the consolidation; (4) the names and addresses of the directors of the new cooperative; (5) the terms and conditions of the consolidation and the manner of carrying it into effect, including the manner in which members of the consolidating cooperatives may or shall become members of the new cooperative. (b) The articles of consolidation may contain provisions not inconsistent with this chapter that are considered necessary or advisable for the conduct of the business of the new cooperative. (c) The presiding officer of each consolidating cooperative executing the articles of consolidation shall make and annex to the articles an affidavit stating that the provisions of this section regarding the articles were complied with by the cooperative.
AK Stat § 10.25.280 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 2. Merger, Consolidation, and Conversion.|Sec. 10.25.280. Effect of consolidation or merger.

(a) In the case of a consolidation the existence of the consolidating cooperatives ceases and the articles of consolidation are the articles of incorporation of the new cooperative. In the case of a merger the separate existence of the merging cooperatives ceases and the articles of incorporation of the surviving cooperative are amended to the extent that changes are provided for in the articles of merger. (b) The rights, privileges, immunities, and franchises, and all real and personal property including, without limitation, applications for membership, all debts due on whatever account, and all other choses in action, of the consolidating or merging cooperatives are transferred to and vested in the new consolidated or surviving cooperative without further act or deed. (c) The new consolidated or surviving cooperative is responsible and liable for the liabilities and obligations of each of the consolidating or merging cooperatives and a claim existing or action or proceeding pending by or against the consolidating or merging cooperatives may be prosecuted as if the consolidation or merger had not taken place, but the new consolidated or surviving cooperative may be substituted in its place. (d) Neither the rights of creditors nor liens upon the property of the cooperatives are impaired by the consolidation or merger.
AK Stat § 10.25.290 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 2. Merger, Consolidation, and Conversion.|Sec. 10.25.290. Conversion of existing corporation.

(a) A corporation organized under the laws of the state and supplying or having the corporate power to supply electric energy or to furnish telephone or related telecommunications service may be converted into a cooperative by complying with the requirements of this section and thereupon becomes subject to this chapter as if originally organized under this chapter. (b) The proposition for the conversion of the corporation into a cooperative and proposed articles of conversion shall be submitted to a meeting of the members or stockholders of the corporation, or in case of a corporation having no members or stockholders, to a meeting of the incorporators of the corporation. The notice of the meeting shall have attached to it a copy of the proposed articles of conversion. (c) If the proposition for the conversion of the corporation into a cooperative and the proposed articles of conversion, with any amendments, are approved by the affirmative vote of not less than two-thirds of those members of the corporation voting on them or, if the corporation is a stock corporation, by the affirmative vote of the holders of not less than two-thirds of those shares of the capital stock of the corporation represented at the meeting and voting on them, or, in the case of a corporation having no members and no shares of its capital stock outstanding, by the affirmative vote of not less than two-thirds of its incorporators, articles of conversion in the form approved shall be executed and acknowledged on behalf of the corporation by its presiding officer and its seal shall be affixed and attested by the officer designated by the board.
AK Stat § 10.25.300 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 2. Merger, Consolidation, and Conversion.|Sec. 10.25.300. Articles of conversion: contents and use as articles of incorporation.

(a) The articles of conversion must recite that they are executed under this chapter and must state (1) the name of the corporation and the address of its principal office prior to its conversion into a cooperative; (2) the statute or statutes under which it was organized; (3) a statement that the corporation elects to become a cooperative, nonprofit, membership corporation subject to this chapter; (4) its name as a cooperative; (5) the address of the principal office of the cooperative; (6) the names and addresses of the directors of the cooperative; (7) the manner in which members, stockholders, or incorporators of the corporation are to become members of the cooperative. (b) The articles of conversion may contain provisions not inconsistent with this chapter considered necessary or advisable for the conduct of the business of the cooperative. (c) The presiding officer executing the articles of conversion shall make and annex to it an affidavit stating that the provisions of this section were complied with regarding the articles. The articles of conversion are the articles of incorporation of the cooperative.
AK Stat § 10.25.310 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 3. Dissolution.|Sec. 10.25.310. Dissolution of cooperative that has not commenced business.

A cooperative that has not commenced business may be dissolved by delivering articles of dissolution to the commissioner. A majority of the incorporators shall execute and acknowledge articles of dissolution on behalf of the cooperative. The articles must state (1) the name of the cooperative; (2) the address of its principal office; (3) that the cooperative has not commenced business; (4) that sums received by the cooperative, less that part disbursed for expenses of the cooperative, have been returned or paid to those entitled to them; (5) that no debt of the cooperative is unpaid; (6) that a majority of the incorporators elect to dissolve the cooperative.
AK Stat § 10.25.320 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 25. Electric and Telephone Cooperative Act|Article 3. Dissolution.|Sec. 10.25.320. Dissolution of cooperative that has commenced business.

(a) A cooperative that has commenced business may be dissolved in the manner set out in this section. (b) The proposition to dissolve shall be submitted to the members of the cooperative. The notice must state the proposition. (c) The proposition is approved by the affirmative vote of at least two-thirds of the members voting on the proposition if the number of members voting to approve it constitutes a majority of all members of the cooperative. (d) Upon approval, a certificate of election to dissolve, hereafter designated the “certificate,” executed and acknowledged on behalf of the cooperative by its presiding officer under its seal, attested by the officer designated by the board, shall be submitted to the commissioner for filing together with an affidavit by the officer executing the certificate stating that the statements in the certificate are true. The certificate must state the name of the cooperative, the address of its principal office, and that the members of the cooperative have voted to dissolve the cooperative.