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Alaska Statutes Title 10. Corporations and Associations § 10.55.505. Statement of domestication; effective date

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

(a) A statement of domestication shall be signed on behalf of the domesticating entity and filed with the department.

(b) A statement of domestication must contain

(1) the name, jurisdiction of organization, and type of the domesticating entity;

(2) the name and jurisdiction of organization of the domesticated entity;

(3) if the statement of domestication is not to be effective upon filing, the later date and time on which it will become effective, which may not be more than 90 days after the date of filing;

(4) if the domesticating entity is a

(A) domestic entity, a statement that the plan of domestication was approved in accordance with AS 10.55.501--10.55.506; or

(B) foreign entity, a statement that the domestication was approved in accordance with the law of its jurisdiction of organization;

(5) if the domesticated entity is a domestic filing entity, the domesticated entity's public organic document, as an attachment;

(6) if the domesticated entity is a domestic limited liability partnership, the domesticated entity's statement of qualification, as an attachment; and

(7) if the domesticated entity is a foreign entity that is not a qualified foreign entity, a mailing address to which the department may send any process served on the commissioner under AS 10.55.506(e).

(c) In addition to the requirements of (b) of this section, a statement of domestication may contain any other provision not prohibited by law.

(d) If the domesticated entity is a domestic entity, the domesticated entity's public organic document, if any, must satisfy the requirements of the law of this state, except that it does not need to be signed and may omit any provision that is not required to be included in a restatement of the public organic document.

(e) A plan of domestication that is signed on behalf of a domestic domesticating entity and meets all of the requirements of (b) of this section may be filed with the department instead of a statement of domestication and, on filing, has the same effect as a statement of domestication. If a plan of domestication is filed as provided in this subsection, references in this chapter to a statement of domestication refer to the plan of domestication filed under this subsection.

(f) A statement of domestication becomes effective on the date and time of filing or the later date and time specified in the statement of domestication.

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Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.55.505. Statement of domestication; effective date - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-55-505/

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