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Chapter

Alaska Corporations Code

  • AS 10.06.005— Purposes
  • AS 10.06.010— General powers
  • AS 10.06.015— Defense of ultra vires
  • AS 10.06.020— Limitations on powers of shareholders, officers, and directors
  • AS 10.06.025— Contracts or conveyances binding domestic and foreign corporations
  • AS 10.06.105— Corporate name
  • AS 10.06.110— Reservation of corporate name
  • AS 10.06.115— Application for and duration of reservation of name
  • AS 10.06.120— Transfer of reserved name
  • AS 10.06.125— Registration of corporate name
  • AS 10.06.130— Exclusive right to use name; remedies
  • AS 10.06.135— Procedure for registration of corporate name
  • AS 10.06.140— Fee for and duration of registered name
  • AS 10.06.145— Renewal of registered name
  • AS 10.06.150— Registered office and registered agent
  • AS 10.06.155— Registration of agent by nonresident with controlling interest. [Repealed, § 59 ch 82 SLA 1989.]
  • AS 10.06.160— Filing list of registered corporations with superior court; updating and publishing. [Repealed, § 35 ch 126 SLA 1994.]
  • AS 10.06.165— Change of registered office or agent by corporation
  • AS 10.06.170— Change by agent or resignation of agent
  • AS 10.06.175— Service on corporation
  • AS 10.06.205— Incorporators
  • AS 10.06.208— Articles of incorporation
  • AS 10.06.210— Articles of incorporation; optional provisions
  • AS 10.06.213— Delivery of articles of incorporation
  • AS 10.06.215— Disclosure of corporate activities
  • AS 10.06.218— Effect of issuance of certificate of incorporation
  • AS 10.06.220— Liability for acting as nonexistent corporation
  • AS 10.06.223— Organizational meeting
  • AS 10.06.225— Power of incorporators before directors' election
  • AS 10.06.228— Bylaws: adoption, amendment or repeal
  • AS 10.06.230— Bylaws: number of directors and other content
  • AS 10.06.233— Location and inspection of bylaws
  • AS 10.06.305— Issuance of and requirements for shares
  • AS 10.06.308— Issuance of preferred or special classes of shares
  • AS 10.06.310— Issuance of shares in series
  • AS 10.06.313— Variation in rights and preferences of shares
  • AS 10.06.315— Series rights and preferences established by board
  • AS 10.06.318— Manner of establishing series
  • AS 10.06.320— Filing of statement before issuance of class or series
  • AS 10.06.323— Effect of filing statement
  • AS 10.06.325— Redemption of shares; creation of sinking fund; repurchase agreements
  • AS 10.06.328— Irrevocability of subscriptions for shares
  • AS 10.06.330— Payment of subscription for shares
  • AS 10.06.333— Remedies for default in payment
  • AS 10.06.335— Consideration for shares
  • AS 10.06.338— Payment for shares
  • AS 10.06.340— Judgment of board or shareholders as to value of consideration
  • AS 10.06.343— Share rights and options
  • AS 10.06.345— Expenses of organization, reorganization, and financing
  • AS 10.06.348— Certificates representing shares
  • AS 10.06.349— Shares without certificates
  • AS 10.06.350— Information required to be stated on certificate
  • AS 10.06.353— Full payment required for share
  • AS 10.06.355— Issuance of fractional shares or scrip
  • AS 10.06.356— Shares held by nominees
  • AS 10.06.358— Distributions; conditions; financial statements and determinations
  • AS 10.06.360— Prohibited distribution; inability to meet maturing liabilities
  • AS 10.06.363— Prohibited distribution on junior shares; liquidation preference
  • AS 10.06.365— Prohibited distribution on junior shares; relationship to retained earnings
  • AS 10.06.368— Exception for purchase or redemption of shares of deceased shareholder
  • AS 10.06.370— Inapplicability to regulated investment company
  • AS 10.06.373— Share dividends: restrictions
  • AS 10.06.375— Additional restrictions in articles, bylaws, indentures, or agreements
  • AS 10.06.378— Liability of shareholders receiving prohibited distributions; suit against shareholders
  • AS 10.06.380— Identification of distribution in notice to shareholders
  • AS 10.06.383— Inapplicability to winding up and involuntary or voluntary dissolution
  • AS 10.06.385— Redemption of shares at the option of corporation; manner
  • AS 10.06.388— Acquisition of corporation's own shares; reissuance or retirement
  • AS 10.06.390— Capitalization of retained earnings
  • AS 10.06.405— Meetings of shareholders
  • AS 10.06.408— Closing of transfer books and fixing record date
  • AS 10.06.410— Notice of shareholders' meetings
  • AS 10.06.411— Delivery of information and items to shareholders
  • AS 10.06.413— Voting list; liability
  • AS 10.06.415— Quorum of shareholders
  • AS 10.06.418— Proxies
  • AS 10.06.420— Voting of shares
  • AS 10.06.421— Corporation's acceptance of certain documents
  • AS 10.06.423— Actions taken without meeting: written consent; revocation of consent
  • AS 10.06.424— Shareholder agreements
  • AS 10.06.425— Voting trusts and agreements among shareholders
  • AS 10.06.428— Shareholders' preemptive rights
  • AS 10.06.430— Books and records
  • AS 10.06.433— Annual report to shareholders; content; financial statement on request
  • AS 10.06.435— Shareholders' derivative action
  • AS 10.06.438— Liability of shareholders, subscribers, and others arising out of shares
  • AS 10.06.450— Board of directors; duty of care; right of inspection; dissent
  • AS 10.06.453— Number, election, and tenure of directors; initial directors
  • AS 10.06.455— Classification of directors
  • AS 10.06.458— Declaration of board vacancy where director of unsound mind
  • AS 10.06.460— Removal of director without cause
  • AS 10.06.463— Removal of director by superior court
  • AS 10.06.465— Vacancies and resignation; special meeting of shareholders
  • AS 10.06.468— Executive and other board committees
  • AS 10.06.470— Meetings: call, place, notice, and waiver
  • AS 10.06.473— Quorum of directors
  • AS 10.06.475— Alternative meeting arrangements; informal action by directors
  • AS 10.06.478— Director conflicts of interest
  • AS 10.06.480— Liability of directors and contributions from shareholders and other directors
  • AS 10.06.483— Officers; tenure, resignation, authority, and duties
  • AS 10.06.485— Loans to directors, officers, and employees
  • AS 10.06.490— Indemnification of officers, directors, employees, and agents; insurance
  • AS 10.06.502— Permitted and prohibited amendments
  • AS 10.06.504— Procedure to amend articles of incorporation; application to certain elections
  • AS 10.06.506— Class voting on amendments
  • AS 10.06.508— Greater voting requirements
  • AS 10.06.510— Execution and content of articles of amendment
  • AS 10.06.512— Filing of articles of amendment
  • AS 10.06.514— Effective date and effect of amendment
  • AS 10.06.516— Restated articles of incorporation
  • AS 10.06.518— Filing of restated articles of incorporation
  • AS 10.06.520— Effect of issuance of restated certificate of incorporation
  • AS 10.06.522— Amendment of articles of incorporation in reorganization proceedings
  • AS 10.06.524— Filing of amendment of articles in reorganization proceedings
  • AS 10.06.526— Effective date and effect of amendment of articles in reorganization proceedings
  • AS 10.06.530— Merger
  • AS 10.06.532— Procedure for merger
  • AS 10.06.534— Consolidation
  • AS 10.06.536— Procedure for consolidation
  • AS 10.06.538— Share exchange
  • AS 10.06.540— Procedure for share exchange
  • AS 10.06.542— Disparate treatment of shares of the same class or series prohibited; exceptions
  • AS 10.06.544— Notice to and approval by shareholders
  • AS 10.06.546— Manner of approval by shareholders
  • AS 10.06.548— Abandonment of plan of merger, consolidation, or exchange
  • AS 10.06.550— Execution and contents of articles of merger, consolidation, or exchange
  • AS 10.06.552— Filing of articles of merger, consolidation, or exchange
  • AS 10.06.554— Merger of subsidiary corporation
  • AS 10.06.556— Procedure for merger of subsidiary corporation
  • AS 10.06.558— Filing of articles of merger of subsidiary corporation
  • AS 10.06.560— Effective date and effect of merger, consolidation, or exchange
  • AS 10.06.562— Merger, consolidation, or exchange of shares between domestic and foreign corporation
  • AS 10.06.564— Disclosure of alien affiliates
  • AS 10.06.566— Disposition of assets in regular course of business; mortgage or pledge of assets
  • AS 10.06.568— Disposition of assets not in regular course of business
  • AS 10.06.570— Approval of transaction by shareholders
  • AS 10.06.572— Abandonment of transaction by board
  • AS 10.06.574— Right of shareholders to dissent
  • AS 10.06.576— Procedures relating to the exercise of a shareholder's right to dissent; completion of corporate action; notice of election; treatment of shares
  • AS 10.06.578— Offer and payment to dissenting shareholders; circumstances where prohibited
  • AS 10.06.580— Action to determine value of shares
  • AS 10.06.582— Status of shares acquired from dissenting shareholders
  • AS 10.06.590— Conversion to limited liability company. [Repealed, § 29 ch 60 SLA 2013.]
  • AS 10.06.595— Application of provisions
  • AS 10.06.600— Definitions
  • AS 10.06.605— Voluntary dissolution by vote or written consent of shares, or by approval of the board
  • AS 10.06.608— Certificate of election: contents, signing, and filing
  • AS 10.06.610— Revocation of election; contents, signing, and filing of certificate
  • AS 10.06.613— Effective date of revocation and effect of revocation
  • AS 10.06.615— Commencement and conduct of voluntary proceedings for winding up; cessation of business; notice
  • AS 10.06.618— Judicial supervision of voluntary winding up; petition and notice; orders protecting shareholders and creditors
  • AS 10.06.620— Articles of dissolution: contents
  • AS 10.06.623— Filing of articles of dissolution
  • AS 10.06.625— Effect of certificate of dissolution
  • AS 10.06.628— Involuntary dissolution by verified complaint; filing; intervention by shareholder or creditor
  • AS 10.06.630— Avoiding dissolution by verified complaint; purchase of plaintiff's shares; determination of fair value; stay; appraisal; award; appeal
  • AS 10.06.633— Involuntary dissolution by the commissioner: grounds, procedure, reinstatement
  • AS 10.06.635— Commissioner's authority to bring action for involuntary dissolution; grounds; relief
  • AS 10.06.638— Commencement of commissioner's action; notice; default
  • AS 10.06.640— Appointment of provisional director upon deadlock
  • AS 10.06.643— Appointment of receiver: application, hearing and notice, security, qualifications, powers, compensation
  • AS 10.06.645— Decree for winding up and dissolution; further judicial relief
  • AS 10.06.648— Commencement and conduct of involuntary proceedings for winding up; cessation of business; notice
  • AS 10.06.650— Jurisdiction of court
  • AS 10.06.653— Claims against corporation; court and non-court directed winding up; presentation; notice; payment; secured claims; rejected claims
  • AS 10.06.655— Order declaring corporation wound up and dissolved; declarations; effect; additional orders; discharge of directors and other persons
  • AS 10.06.658— Filing of decree of dissolution
  • AS 10.06.660— Powers and duties of directors and others in dissolution proceedings
  • AS 10.06.663— Proceeding to determine identity of directors or to appoint directors
  • AS 10.06.665— Distribution of corporate assets among shareholders or other persons; when to be made
  • AS 10.06.668— Provision for payment of debt or liability
  • AS 10.06.670— Distribution in money, property, or securities; installments
  • AS 10.06.673— Plan of distribution; adoption; binding effect; notice; payment to dissenting shareholders; abandonment
  • AS 10.06.675— Recovery of amounts improperly distributed
  • AS 10.06.678— Continued existence of dissolved corporations; purposes; abatement or commencement of actions; distribution of omitted assets
  • AS 10.06.705— Authorization of foreign corporation
  • AS 10.06.710— Liability for transacting business without certificate of authority
  • AS 10.06.713— Certificate of authority as prerequisite for court proceedings
  • AS 10.06.715— Transacting business without certificate of authority not affecting contracts and right to defend action
  • AS 10.06.718— Activities not constituting transacting business in this state
  • AS 10.06.720— Corporate name of foreign corporation
  • AS 10.06.723— Assumed corporate name
  • AS 10.06.725— Change of name by foreign corporation
  • AS 10.06.728— Application for certificate of authority
  • AS 10.06.730— Contents of application
  • AS 10.06.733— Forms for, and execution and filing of application for certificate of authority
  • AS 10.06.735— Effect of certificate of authority
  • AS 10.06.738— Amended certificate of authority
  • AS 10.06.740— Status of foreign corporation
  • AS 10.06.743— Revocation of certificate of authority
  • AS 10.06.745— Limitations on revocation of certificate of authority
  • AS 10.06.748— Issuance of certificate of revocation
  • AS 10.06.750— Effect of certificate of revocation
  • AS 10.06.753— Registered office and registered agent of foreign corporation
  • AS 10.06.758— Change of registered office or registered agent of foreign corporation
  • AS 10.06.760— Filing of statement of change
  • AS 10.06.763— Service on foreign corporation
  • AS 10.06.765— Service on commissioner
  • AS 10.06.768— Records kept by commissioner
  • AS 10.06.770— Procedure not exclusive
  • AS 10.06.775— Organic change of foreign corporation
  • AS 10.06.778— Withdrawal of foreign corporation
  • AS 10.06.780— Contents of application for withdrawal
  • AS 10.06.783— Form and execution of application for withdrawal
  • AS 10.06.785— Filing of application for withdrawal
  • AS 10.06.788— Effect of certificate of withdrawal
  • AS 10.06.805— Biennial report of domestic and foreign corporations
  • AS 10.06.808— Contents of biennial report
  • AS 10.06.811— Filing of biennial report
  • AS 10.06.813— Filing notice of change of officers, directors, five percent shareholders, and alien affiliates
  • AS 10.06.815— Penalty for failure to file biennial report
  • AS 10.06.818— Interrogatories by commissioner; judicial review
  • AS 10.06.820— Confidentiality of information disclosed by interrogatories
  • AS 10.06.823— Failure or refusal to answer interrogatories; filing of related documents
  • AS 10.06.825— Penalty imposed upon officers and directors
  • AS 10.06.828— Fees for filing articles and certain applications
  • AS 10.06.830— Fees for filing certain documents related to agents
  • AS 10.06.833— Payments and filing for withdrawal of foreign corporation
  • AS 10.06.835— Fees on dissolution of domestic corporation
  • AS 10.06.838— Payments and filing required for certificate of dissolution of foreign corporation
  • AS 10.06.840— Fees for certified copies of documents
  • AS 10.06.843— Other filing fees
  • AS 10.06.845— Biennial corporation tax; penalty for nonpayment
  • AS 10.06.848— Failure to pay tax or make report as precluding suit by corporation
  • AS 10.06.850— Suits to compel tax payment; exemption from corporation tax
  • AS 10.06.853— Failure to pay tax as evidence of inability to meet maturing debts and liabilities
  • AS 10.06.855— Payments to be made in advance
  • AS 10.06.858— Accounting for and deposit of taxes and fees paid
  • AS 10.06.863— Appeal from revocation of certificate of authority
  • AS 10.06.865— Cancellation of certificates issued and filings accepted
  • AS 10.06.868— Forms to be furnished by the commissioner
  • AS 10.06.870— Identification codes
  • AS 10.06.905— Voting of shares; quorum; status of disqualified shares
  • AS 10.06.910— Processing of writings delivered to the commissioner
  • AS 10.06.915— Disapproval of writing by commissioner; appeal
  • AS 10.06.920— Correction of filed writings
  • AS 10.06.925— Writings and absence of filings as evidence
  • AS 10.06.930— Corporate seal as evidence
  • AS 10.06.935— Waiver of notice
  • AS 10.06.950— Powers of commissioner
  • AS 10.06.953— Regulations
  • AS 10.06.955— Application to existing corporations
  • AS 10.06.958— Provisions construed as restatements and continuations
  • AS 10.06.960— Corporations organized under Alaska Native Claims Settlement Act
  • AS 10.06.961— Distributions by Native corporations to minors in the custody of a state
  • AS 10.06.963— Severability
  • AS 10.06.965— Reservation of power
  • AS 10.06.968— Signature
  • AS 10.06.970— Rules of construction and interpretation
  • AS 10.06.990— Definitions
  • AS 10.06.995— Short title