There is a newer version of the Alaska Statutes
1996 Alaska Statutes
TITLE 10 CORPORATIONS AND ASSOCIATIONS
Chapter 10.50. LIMITED LIABILITY COMPANIES
Article 12 MERGER AND CONSOLIDATION
Sec. 10.50.505. Conversion of rights and interests.
The rights of or interests in a limited liability company that is a party to a merger or consolidation may be exchanged for or converted into cash, property, obligations, rights or interests in the surviving or resulting limited liability company.
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