reglab/housing_qa huggingface dataset:
AK Stat § 10.15.205 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.205. Allowance of costs to plaintiff; accounting for proceeds.

If anything is recovered or obtained as the result of an action under AS 10.15.200, whether by compromise and settlement or by judgment, the court may award the plaintiff the reasonable expenses of maintaining the action, including reasonable attorney fees, out of the proceeds of the recovery, and may direct the plaintiff to account to the cooperative for the remainder of the proceeds.
AK Stat § 10.15.210 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.210. Security for costs.

In an action brought in the right of a cooperative by fewer than three percent of the members or by holders of less than three percent of an outstanding class of stock, the defendants may require the plaintiff to give security for the reasonable expenses of defending the action, including attorney fees. The amount of the security may be increased or decreased in the discretion of the court upon showing that the security provided is or may be inadequate or is excessive.
AK Stat § 10.15.215 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.215. Permitted purposes of cooperative contracts with members.

Contracts for any of the following purposes, whether contained in the bylaws or separately written, are valid when made between a cooperative and a member in which the member agrees to (1) sell, market or deliver to or through the cooperative or facilities furnished by it all or a specified part of products produced by the member or under the control of the member; (2) authorize the cooperative or facilities furnished by it to act for the member in any manner with respect to all or a specified part of products produced by the member or under the control of the member; (3) buy or procure from or through the cooperative or facilities furnished by it all or a specified part of goods or services to be bought or produced by the member; (4) authorize the cooperative or facilities furnished by it to act for the member in any manner in the procurement of goods or the procurement of performance of services.
AK Stat § 10.15.220 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.220. Liquidated damages clause in cooperative contracts.

The contract referred to in AS 10.15.215 may fix and require liquidated damages to be paid by the member to the cooperative in the event of a breach of the contract by the member. Liquidated damages may be a percentage of the value or a specified amount per unit of the products, goods or services involved by the breach, or a specific sum.
AK Stat § 10.15.225 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.225. Contracts between two or more cooperatives.

Two or more cooperatives may contract and act in association, corporate or otherwise, to perform collectively any of their powers or purposes authorized by this chapter.
AK Stat § 10.15.230 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.230. Recording of cooperative contracts.

A cooperative may record a contract authorized by this chapter in the office of the recorder of the recording district in which the member resides or in which the products covered by the contract have been or are to be produced.
AK Stat § 10.15.235 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.235. Recording of uniform cooperative contracts.

If the cooperative has substantially uniform contracts with more than one member residing or producing the products in a recording district, it may, instead of recording the original contracts, record (1) a true copy of the uniform contract; and (2) a sworn list of the names of members who have executed the contract and who reside or produce the products in the recording district, and the effective date of the contract as to each member.
AK Stat § 10.15.240 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.240. Recording procedure.

The recorder shall number consecutively and record each contract, and shall record alphabetically in a book to be kept for that purpose the name of each party to the contract and enter opposite that name the record number of the contract and its effective date as to that party. The record book shall be available for public inspection.
AK Stat § 10.15.245 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.245. Fees for recording contracts.

The fee for recording the contract is the same as for recording a chattel mortgage. The fee for recording the names of parties to each contract is two cents for each name.
AK Stat § 10.15.250 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.250. Effect of recording contract; subsequent interests and liens.

Recording under AS 10.15.230 - 10.15.260 operates as a constructive notice to all persons of the existence and contents of the contract. Any right, title, interest, or lien created as to the products covered by the contract subsequent to the recording is subject to the cooperative's right, title, or interest under the contract. If the member creates a mortgage upon any products subsequent to the recording of the contract, and if the member and the mortgagee jointly notify the cooperative in writing of the existence and amount of the mortgage, all payments from the cooperative to the member which become due after the notice by reason of the cooperative's sale or other handling of the products shall be paid to the mortgagee until the amount of the mortgage has been paid, and the balance thereafter shall be paid to the member.
AK Stat § 10.15.255 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.255. Termination of recorded contract.

When a contract recorded under AS 10.15.230 - 10.15.260 has been terminated in any manner, the cooperative shall, upon demand, give a statement of termination to the member party to the contract, who may record the statement in the office of the recorder where the contract was originally recorded. The recorder shall stamp “expired” after the name of the member in the alphabetical record. The fee for the recording and stamping shall be established by the department by regulation.
AK Stat § 10.15.260 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.260. Recording of list of terminated contracts.

A cooperative may record in the office of the recorder where the contract was originally recorded a sworn list of the names of all persons whose contracts have been terminated in a manner other than by expiration of their term. The recorder shall stamp “expired” after the name of each of those persons in the alphabetical record. The fee for the recording and stamping shall be established by the department by regulation.
AK Stat § 10.15.265 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.265. Relief against breach or threatened breach of contract and penalty for interference.

(a) In the event of a breach or threatened breach of a cooperative contract authorized by this chapter, the cooperative is entitled to an injunction to prevent the breach or a further breach, and to a decree of specific performance of the contract. Upon filing of a verified complaint showing the breach or threatened breach, and upon filing a sufficient bond, the cooperative is entitled to a temporary restraining order. (b) A person who, with knowledge that a contract exists, induces or attempts to induce a member to breach the contract with the cooperative, or who in any manner aids a breach of the contract, is liable to the cooperative for damages caused by the interference. The cooperative is also entitled to an injunction to prevent any interference or further interference with the contract.
AK Stat § 10.15.270 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.270. Action for civil penalty for inducing breach of contract with cooperative or spreading false reports about cooperative.

In addition to the remedies provided in AS 10.15.265(b), a person who knowingly and maliciously induces or attempts to induce a member of a cooperative to breach a contract with the cooperative authorized by this chapter, or who knowingly or maliciously spreads a false report about the finances or management of a cooperative is liable, in a civil action, to the cooperative aggrieved, in the penal sum of $500 for each offense.
AK Stat § 10.15.275 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.275. Apportionment and distribution of net proceeds, savings, or net losses.

The net proceeds or savings of a cooperative shall be apportioned, distributed and paid periodically to the persons entitled to receive them at the times and in the reasonable manner as the bylaws provide. However, net proceeds or savings on patronage of the cooperative by its members shall be apportioned and distributed among these members in accordance with the ratio which each member's patronage during the period involved bears to total patronage by all members during that period. The bylaws may contain reasonable provisions for the apportionment and charging of net losses. For the purposes of this section work performed as a member of a workers' cooperative is considered as patronage of that cooperative.
AK Stat § 10.15.280 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.280. Manner of payment.

The apportionment, distribution, and payment of net proceeds or savings required by AS 10.15.275 may be in cash, credits, capital stock, certificates of interest, revolving fund certificates, letters of advice or other securities or certificates issued by the cooperative or by an affiliated domestic or foreign cooperative association whether or not incorporated under this chapter.
AK Stat § 10.15.285 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.285. Manner of apportionment and distribution.

(a) Apportionment and distribution of net proceeds or savings or net losses may be separately determined for and be based upon patronage of single or multiple pools, particular departments of the cooperative, or as to particular commodities, supplies or services, or upon classification of patronage according to the type of patronage. (b) A cooperative may provide in its bylaws the minimum amount of a single patronage transaction to be taken into account for the purpose of participation in allocation and distribution of net proceeds or savings or net losses under AS 10.15.275 - 10.15.290.
AK Stat § 10.15.290 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.290. Determination of net proceeds, savings, or losses.

For the purposes of AS 10.15.275 - 10.15.290 net proceeds or savings or net losses shall be computed in accordance with generally accepted accounting principles applicable to cooperative corporations, and after deducting from gross proceeds or savings dividends paid upon capital stock.
AK Stat § 10.15.295 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.295. Unclaimed distribution, redemptions, or payments.

A distribution of net margins by a cooperative or a redemption of or payment based upon a security, which remains unclaimed six years after the date authorized for payment, redemption, or retirement may be forfeited by the board. The amount forfeited may revert to the cooperative, if, at least six months prior to the declared date of forfeiture, notice that the payment is available has been mailed to the last known address of the person shown by the cooperative's records to be entitled to it or, if the address is unknown, is published as provided by law for the publication of summons.
AK Stat § 10.15.300 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.300. Sale or other disposition of entire assets in regular course of business.

The sale, lease, exchange or other disposition of all, or substantially all, the property and assets of a cooperative, when made in the usual and regular course of the business of the cooperative, may be made on the terms and conditions and for the consideration authorized by the board. The consideration may consist in whole or in part of money or real or personal property, including shares of another cooperative, corporation or association, domestic or foreign, as authorized by its board. Authorization or consent of members or shareholders is not required.
AK Stat § 10.15.305 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.305. Sale or other disposition of entire assets not in regular course of business.

A sale, lease, exchange, or other disposition of all, or substantially all the property and assets, with or without the good will, of a cooperative, if not made in the usual and regular course of its business, may be made upon the terms and for the consideration, which may consist in whole or in part of money or real or personal property, including shares of another cooperative, corporation, or association, as may be authorized in the following manner: (1) the board shall adopt a resolution recommending the sale, lease, exchange, or other disposition and directing the submission of the resolution to a vote at a meeting of members, which may be either an annual or a special meeting, or if there are shareholders the submission shall be to a joint meeting of members and shareholders; the vote may be submitted at an annual or a special meeting; (2) written notice shall be given to each member and to each shareholder within the time and in the manner provided for the giving of notice of meetings of members, and shall state that the purpose of the meeting is to consider the proposed sale, lease, exchange, or other disposition; (3) at the meeting, the members, by affirmative vote of a majority of the member votes cast, and the shareholders, by affirmative vote of a majority of the shareholder votes entitled to be voted, may approve the sale, lease, exchange, or other disposition, and may fix or may authorize the board to fix the terms and conditions of the transaction and the consideration to be received by the cooperative.
AK Stat § 10.15.310 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.310. Abandonment of sale or other disposition.

After authorization by votes of members and shareholders, the board may abandon the sale, lease, exchange or other disposition of all or substantially all assets subject to the rights of third parties under a contract relating thereto, without further action or approval by members or shareholders.
AK Stat § 10.15.315 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.315. Books and records; inspection.

(a) A cooperative shall keep correct and complete books and records of account, and shall keep minutes of the proceedings of its members, board and executive committee. It shall keep at its principal office records of the names and addresses of all members and shareholders. At any reasonable time, a member or shareholder, or an agent or attorney for the member or shareholder, upon written notice stating the purpose, may examine for any proper purpose books or records pertinent to the purpose specified in the notice and may make extracts from the books or records. (b) In an action or proceeding to enforce the right of a member or shareholder provided in (a) of this section, if the member or shareholder prevails in the action or proceeding, there shall be allowed to the member or shareholder, as a part of costs, a reasonable amount to be fixed by the court as attorney fees for the prosecution of the action or proceeding.
AK Stat § 10.15.320 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.320. Biennial report.

(a) Each cooperative shall file with the department before July 2 of the reporting year a biennial report signed by a principal officer or the general manager setting out (1) its name and the address of its principal place of business in the state; (2) the name of its registered agent and address of its registered office; (3) the names and addresses of its principal officers and its general manager, if any; (4) a statement of the aggregate number of shares that the cooperative may issue, itemized by classes, par value of shares, shares without par value; (5) a statement of the aggregate number of shares subscribed, but not paid up, itemized by classes, par value of shares, shares without par value; (6) a statement of the aggregate number of paid-up shares, itemized by classes, par value of shares, shares without par value; (7) for cooperatives established without capital stock the biennial report shall contain a statement as to the amount of the membership fee and a statement as to the number of memberships which are issued; (8) a brief statement of the character of the business in which the cooperative is engaged in this state. (b) A domestic cooperative filing its articles of incorporation and a foreign cooperative receiving a certificate of authority during an even-numbered year must file the biennial report before July 2 of each even-numbered year. A cooperative filing its articles of incorporation or receiving its certificate of authority during an odd-numbered year must file the biennial report before July 2 of each odd-numbered year.
AK Stat § 10.15.325 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.325. Form of biennial report; delinquent reports.

The biennial report shall be made on forms furnished by the department. The information contained in the biennial report shall be given as of June 30 of the reporting year. The biennial report is delinquent if not filed before August 1 of each odd or even year as provided in this section. A corporation that is delinquent is subject to involuntary dissolution under AS 10.15.505.
AK Stat § 10.15.330 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.330. Acceptance of biennial reports by department.

If the department finds that the biennial report conforms to the requirements of this chapter, it shall accept it. If the biennial report does not conform to the requirements of this chapter, the department shall return it to the cooperative for necessary corrections, in which event the penalties prescribed in this chapter for failure to file the statement within the time provided in AS 10.15.325 do not apply, if the statement is corrected to conform to the requirements of this chapter and returned to the department within 60 days after the report has been returned to the cooperative.
AK Stat § 10.15.331 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 1. Substantive Provisions.|Sec. 10.15.331. Filing notice of change of officer or director.

(a) In the event of a change of an officer or director of a corporation during the year following the filing of the biennial report, the corporation shall file notice of change amending that report before July 2 of that year. (b) The notice shall be filed in the office of the commissioner and must state the name and current address of a director or officer not stated in the corporation's last filed biennial report, and the name of the person replaced and the office held. The notice shall be signed by an officer of the corporation.
AK Stat § 10.15.335 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 2. Formation of Cooperatives.|Sec. 10.15.335. Procedure for incorporation.

Three or more natural persons at least 19 years of age may act as incorporators of a cooperative by signing and delivering articles for the cooperative in duplicate to the commissioner.
AK Stat § 10.15.340 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 2. Formation of Cooperatives.|Sec. 10.15.340. Filing of articles.

(a) Upon finding that the articles conform to law, the commissioner shall, when all fees prescribed in this chapter have been paid, (1) stamp on each duplicate original the word “filed” and the date of the filing; (2) file one duplicate original in the commissioner's office; (3) issue a certificate of incorporation and affix the other duplicate original to the certificate. (b) The certificate of incorporation together with the duplicate original affixed to it by the commissioner shall be returned to the incorporators or their representative.
AK Stat § 10.15.345 (2021)
2021 Alaska Statutes|Title 10. Corporations and Associations|Chapter 15. Alaska Cooperative Corporation Act|Article 2. Formation of Cooperatives.|Sec. 10.15.345. Effect of certificate of incorporation.

Upon the issuance of the certificate of incorporation, the corporate existence begins, and the certificate of incorporation is conclusive evidence that all conditions precedent required to be performed by the incorporators have been complied with and that the cooperative has been incorporated under this chapter, except as against the state in a proceeding to cancel or revoke the certificate of incorporation or for involuntary dissolution of the cooperative.