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Current as of January 01, 2025 | Updated by Findlaw Staff
Without excluding other activities which may not constitute transacting business in the state, a foreign corporation does not transact business in the state by carrying on any of the following activities:
(1) maintaining or defending any action or suit or an administrative or arbitration proceeding, or effecting its settlement or the settlement of claims or disputes;
(2) holding meetings of its directors, shareholders, or members or carrying on other activities concerning its internal affairs;
(3) maintaining bank accounts;
(4) securing or collecting debts, or enforcing rights in property securing debts;
(5) transacting business in interstate commerce;
(6) granting funds;
(7) distributing information to members;
(8) conducting an isolated transaction completed within a period of 30 days not in the course of a number of repeated transactions of like nature.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.20.460. Activities not constituting transacting business in the state - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-20-460/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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