2017 Alaska Statutes
Title 10. Corporations and Associations
Chapter 55. Alaska Entity Transactions Act
Article 4. Conversion
Sec. 10.55.401. Conversion authorized.
(a) Except as otherwise provided in this section, by complying with AS 10.55.401 — 10.55.406, a domestic entity may become
(1) a domestic entity of a different type; or
(2) a foreign entity of a different type, if the conversion is authorized by the law of the foreign jurisdiction.
(b) Except as otherwise provided in this section, by complying with the provisions of AS 10.55.401 — 10.55.406 applicable to foreign entities, a foreign entity may become a domestic entity of a different type if the conversion is authorized by the law of the foreign entity's jurisdiction of organization.
(c) Unless the provision is amended after July 1, 2014, if a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a conversion, the provision applies to a conversion of the entity as if the conversion were a merger.
