Alaska Articles of Incorporation Domestic Cooperative Corporation | Form 08-462
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The Articles of Incorporation Domestic Cooperative Corporation Form 08-462 is a required filing before any cooperative corporate entity may operate or conduct business in this state. It should be submitted to the Corporate Section of the Alaska State Government. Enclosed in the submittal should be the original Form 08-462, a copy of the articles being submitted,  a payment for the state processing fee of $250.00 and any supporting documentation (including attachments meant to continue required information). One may pay by check or by credit card. If paying by check, make sure it is payable to Division of Corporations, Business and Professional Licensing. If paying by credit card, you must go to this page: https://www.commerce.alaska.gov/web/cbpl/CreditCardPayments.aspx where you may read the proper procedure and options for making a credit card payment.

It should be noted that while this form must be submitted in order to operate such an entity in the State of Alaska, other paperwork will need to be submitted to various sections of the Alaska State government. For instance, any business in this state must obtain a business license before being allowed to conduct business. Also, other entities have an interest, such as the IRS where one must make sure the entity formed is compliant with tax regulations. It is important to be fully abreast of all such requirements and should there be any unclear areas in forming this entity in this state, it would be highly recommended to consult an attorney.

How To File

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Step 1 – Enter the name of the cooperative corporate entity being formed in the first Article.

Step 2 – Enter the date this cooperative corporation will cease operations in Article 2. If this corporation plans on functioning without a specific end date in mind mark the box labeled “Perpetual.”

Step 3 – Locate the box labeled “Purpose” in Article 3. Here, you must disclose the purpose of this entity. That is why it has been organized. The box next to this in Article 3, labeed NAICS code, is where one must enter the entity’s North American Industry Coding System code.

Step 4 – In Article 4, report the full name of the registered agent appointed to receive official notices on behalf of the cooperative corporation being formed. Then enter this entity’s physical address and mailing address.

Step 5 – In Article 5, report whether this corporation has been organized with or without membership stock. If not, then mark the first box and proceed to Article 6. If so, enter the membership fee each participating member must pay in the space following the word “fee.” The next section of Article 5 will require that you define any limitations that must be observed when transferring a membership in the space provided.

Step 6 – In Article 6, if there are any authorized shares of membership stock, they must be defined in the table provided. Here, enter the number of Membership shares, the class of these shares, the series, and the par value. If there are any limitation that must be observed upon transfer of capitol stock, they should be documented in the space provided.

Step 7 – If capitol stock has been authorized, then in the table provided, list the number of Authorized Shares of a particular class and series along with the par value in the table provided.  The box below this table provides a space to list the designation, preferences, limitations, and relative rights of each class of stock.

Step 8 – Report any and all limitation on the right to acquire or recall stock in Article 8.

Step 9 – There should be a plan for the distribution of assets in the unfortunate event of dissolution or liquidation, you should indicate the basis of this plan in Article 9.

Step 10 – Report the names and mailing address of each initial director of the cooperative corporation in the table provided. There must be at least three entities listed here.

Step 11 – In Article 11, enter the full name and mailing address for each Incorporator in the table provided.

Step 12 – Below the table of documented Incorporator, each Incorporator must sign and print his/her name then date the signature. This will conclude the actual Articles of Incorporation. It is now time to proceed to the Contact Information Sheet. This will be a required document to be submitted to the Alaska Corporate Division with the Articles of Incorporation.

Step 13 – On the first line of the “Contact Information Sheet,” enter the name of the entity being filed.

Step 14 – On the second, third, and fourth lines, enter the name, email address, phone number, and mailing address of the entity that has the authority and ability to resolve any issues that may require further attention during the application process.

Step 15 – On the last three lines, report the name, company, and mailing address where documents may be returned.

Step 16 – These articles, once completed, should be submitted to State of Alaska Corporations Section, P.O. Box 110806, Juneau, AK 9981-0806. They must contain the original document, an exact copy, a payment of $250.00, with any and all supporting documents. Payments may be in the form of a check, money order, or credit card. If submitting a check or money order make it payable to Division of Corporations, Business and Professional Licensing. For credit card payments you must download a form appropriate to the location of the entity being formed. For more information regarding credit card payments visit: https://www.commerce.alaska.gov/web/cbpl/CreditCardPayments.aspx.