Alaska Stat. § 10.06.670

Current through Chapter 3 of the 2024 Legislative Session
Section 10.06.670 - Distribution in money, property, or securities; installments

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.

AS 10.06.670