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Alaska Statutes Title 10. Corporations and Associations § 10.55.201. Merger authorized

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) Except as otherwise provided in AS 10.55.201--10.55.206, by complying with AS 10.55.201--10.55.206,

(1) one or more domestic entities may merge with one or more domestic or foreign entities into a domestic or foreign surviving entity; and

(2) two or more foreign entities may merge into a domestic entity.

(b) Except as otherwise provided in this section, by complying with the provisions of AS 10.55.201--10.55.206 applicable to foreign entities, a foreign entity may be a party to a merger under AS 10.55.201--10.55.206 or may be the surviving entity in a merger if the merger is authorized by the law of the foreign entity's jurisdiction of organization.

(c) The provisions of AS 10.55.201--10.55.206 do not apply to

(1) a merger or consolidation under

(A)AS 10.06.530--10.06.562 or 10.06.960 (Alaska Corporations Code); or

(B)AS 10.50.500--10.50.565 (Alaska Revised Limited Liability Company Act); or

(2) a merger under

(A)AS 10.20.216--10.20.280 (Alaska Nonprofit Corporation Act); or

(B)AS 32.06.905--32.06.907 (Uniform Partnership Act).

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Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.55.201. Merger authorized - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-55-201/

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