Except as provided in AS 42.40.940, if the corporation ceases to exist its assets revert to the state.
AS 42.40.950
Reversion of assets
Known as the Alaska Railroad Corporation Act
The act spans §§ 42–42 (97 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.