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Current as of January 01, 2025 | Updated by Findlaw Staff
The corporation may upon the affirmative vote of two-thirds of the votes to which the stockholders are entitled and two-thirds of the votes to which the members are entitled dissolve the corporation. Upon dissolution of the corporation, none of the corporation's assets shall be distributed to the stockholders until all sums due the members of the corporation as creditors of the corporation have been paid in full.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.10.180. Dissolution of corporation - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-10-180/
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