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2022 Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Article 9. Dissolution.
Sec. 10.06.670. Distribution in money, property, or securities; installments.
Universal Citation:
AK Stat § 10.06.670 (2022)
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Distribution of assets may be made in money, in property, or in securities and either in installments or as a whole, if the distribution is done fairly and ratably and in conformity with the articles of incorporation and the rights of the shareholders, and shall be made as soon as reasonably consistent with the beneficial liquidation of the corporate assets.
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