There is a newer version of the Alaska Statutes
2011 Alaska Statutes
Title 29. MUNICIPAL GOVERNMENT
Chapter 29.06. ALTERATION OF MUNICIPALITIES
Sec. 29.06.150. Succession to rights and liabilities.
AK Stat § 29.06.150 (through 27th Leg Sess 2012) What's This?
(a) When two or more municipalities merge, one succeeds to the rights, powers, duties, assets, and liabilities of the others.
(b) When two or more municipalities consolidate, the newly incorporated municipality succeeds to the rights, powers, duties, assets, and liabilities of the consolidated municipalities.
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