The purpose of this memorandum is to review certain reporting and disclosure requirements, and certain restrictions that may limit the disposition of securities of the company held by its officers, directors and principal shareholders, which are imposed by the Securities Act of 1933, the Securities and Exchange Act of 1934, and the rules of the Securities and Exchange Commission thereunder. This memorandum is prepared for the management of the company and should be treated as a confidential communication between the company and its counsel.
Alaska Limitation on Disposition of Securities Memorandum
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FAQ
The statutes of limitations for civil cases and procedures in Alaska range from two to 10 years. Personal injury and defamation claims carry a two-year time limit, while fraud, collection of rents and debt, and judgments all have a ten-year limit.
471. - Alaska Unfair Trade Practices and Consumer Protection Act. Unfair methods of competition and unfair or deceptive acts or practices in the conduct of trade or commerce are declared to be unlawful.
Title 47 - WELFARE, SOCIAL SERVICES, AND INSTITUTIONS. Chapter 47.05 - ADMINISTRATION OF WELFARE, SOCIAL SERVICES, AND INSTITUTIONS. Chapter 47.07 - MEDICAL ASSISTANCE FOR NEEDY PERSONS. Chapter 47.08 - ASSISTANCE FOR CATASTROPHIC ILLNESS AND CHRONIC OR ACUTE MEDICAL CONDITIONS.
The statute of limitations on debt in Alaska is generally three years (i.e., a breach of contract). Collection of medical bills also has a three year statute of limitations, unless the medical provider put a lien against you for the medical bills.
Alaska's Unfair Trade Practices and Consumer Protection Act, commonly called the Consumer Protection Act, prohibits unfair or deceptive business practices. advertising a ?sale? or ?special? price which is really a regular price, or holding a ?going out business? sale when the business does not intend to close.
The term ?unfair trade practice? describes the use of deceptive, fraudulent, or unethical methods to gain business advantage or to cause injury to a consumer. Unfair trade practices are considered unlawful under the Consumer Protection Act.
Alaska Criminal Statute of Limitations at a Glance. As in virtually all other states, there is no statute of limitations for murder in Alaska. Most felonies and all misdemeanors carry a five-year time limit, while the maximum additional "tolling" for a suspect living in hiding is three years.
The statutes of limitations for civil cases and procedures in Alaska range from two to 10 years. Personal injury and defamation claims carry a two-year time limit, while fraud, collection of rents and debt, and judgments all have a ten-year limit.
Under Alaska Stat. § 45.50. 471, making a false and misleading statement in an advertisement addressed to the public, and readjusting or resetting a vehicle's odometer to show less miles in the odometer with an intent to deceive are unlawful acts or practices. Under § 45.50.
Contract actions to be brought in three years. Unless the action is commenced within three years, a person may not bring an action upon a contract or liability, express or implied, except as provided in AS 09.10. 040, or as otherwise provided by law, or, except if the provisions of this section are waived by contract.