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AS 10.20.405

Compensation of receiver and attorneys

Known as the Alaska Nonprofit Corporation Act

The act spans §§ 10–10 (157 sections).

The court may allow from time to time, as expenses of the liquidation, compensation to the receiver and to attorneys in the proceeding, and direct the payment of compensation out of the assets of the corporation or the proceeds of a sale or disposition of assets.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.