ADLA Inc.
The Alaska Diversified Livestock Association, Inc. holds a certificate from the State of Alaska, Department of Community and Economic Development, Division of Banking, Securities and Corporations formed on November 19, 2002.
The members must be of the age of 19 years or more, acting as incorporators of a corporation under the Alaska Nonprofit Corporation Act (AS 10.20), adopted articles of incorporation as follows:
Article 1. The name of this corporation is the Alaska Diversified Livestock Association, Inc.
Article 2. The duration of this corporation shall be perpetual.
Article 3. To promote the responsible development, management, marketing and research for the diversified livestock industry of Alaska. This is to include the production of animals who provide food or fiber. To exercise all rights and powers conferred by the laws of the State of Alaska upon nonprofit corporations, including without limiting the generality of the foregoing, to acquire by devise, gift, purchase, lease, or otherwise any property of any sort or nature without limitation as to its amount of value, and to hold, invest, reinvest, manage, use apply, employ, sell, expend, disburse, lease, mortgage, convey, option, donate, or otherwise dispose of such property, for any of the purposes set forth herein. To do such other things as are incidental to purposes of the Corporation or necessary in order to accomplish them. The corporation is not organized for profit. It shall have no capital stock and shall not be authorized to issue capital stock. Upon dissolution of the corporation, the officers shall, after paying or making provisions for the payment of all the liabilities of the corporation, distribute all of the assets of the corporation in such a manner and to such non-profit agricultural organizations qualified under Section 501 © (5) of the Internal Revenue Code of 1986, as such Sections may be amended, or their successor provisions as the Officers may determine.
Articles 4 – 8 pertain to the membership, the board of directors, the bylaws, liability & incorporators.
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