To paraphrase Douglas Adams:  It has been said that Alaskan legislators are not above a little bribery and corruption in the same way that the sea is not above the clouds.

Alaska is not a corporation.  It's a government of the people being run by corporations through their representatives, who we vote for; otherwise known as a Kleptocracy.

Alaskans opted for this when we decided we didn't want to pay for our government, and gave that over to the oil industry, ignoring the time-honored maxim, "You get what you pay for."  The trouble is, the oil companies don't have the Alaskan Constitution written into their charters and are running the state for their own benefit, not ours.

So now we have a legislature that primarily represents Big Oil and that's exactly how the majority of Alaskan voters want it.