Alaska Stat. § 42.05.521
Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
When the commission finds that the capital of a public utility corporation is impaired, or might become impaired, it may, after investigation and hearing, issue an order directing the public utility to cease paying dividends on its common stock until the impairment has been removed.
AS 42.05.521