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Current as of January 01, 2025 | Updated by Findlaw Staff
The activities of a foreign limited liability company that are not considered to be conducting affairs in this state for the purposes of AS 10.50.600--10.50.720 include
(1) maintaining, defending, or settling a court action or other proceeding or a claim;
(2) holding meetings of the members or managers of the company;
(3) maintaining bank accounts;
(4) selling through independent contractors;
(5) soliciting or procuring orders by mail, through employees, agents, or otherwise, if the orders require acceptance outside the state before becoming binding contracts;
(6) creating as borrower or lender, or acquiring, indebtedness or mortgages or other security interests in real or personal property;
(7) securing or collecting debts, or enforcing rights in property securing debts;
(8) conducting an isolated transaction that is completed within 30 days and that is not part of a course of repeated transactions of a similar nature; or
(9) conducting affairs in interstate commerce.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.50.720. Transactions not constituting conducting affairs - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-50-720/
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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