Statutes > Alaska Statutes > Title 45 - TRADE AND COMMERCE > Chapter 45.55. - ALASKA SECURITIES ACT > Article 04 - MISCELLANEOUS PROVISIONS > Sec. 45.55.138. - Application to Alaska Native Claims Settlement Act corporations.

Sec. 45.55.138. - Application to Alaska Native Claims Settlement Act corporations.

The initial issue of stock of a corporation organized under Alaska law pursuant to 43 U.S.C. 1601 et seq. (Alaska Native Claims Settlement Act) is not a sale of a security under AS 45.55.070 and 45.55.990(28).