Alaska Stat. § 10.50.720

Current through Chapter 26 of the Legislative Session (excluding Chapter 21)
Section 10.50.720 - Transactions not constituting conducting affairs

The activities of a foreign limited liability company that are not considered to be conducting affairs in this state for the purposes of AS 10.50.600 - 10.50.720 include

(1) maintaining, defending, or settling a court action or other proceeding or a claim;
(2) holding meetings of the members or managers of the company;
(3) maintaining bank accounts;
(4) selling through independent contractors;
(5) soliciting or procuring orders by mail, through employees, agents, or otherwise, if the orders require acceptance outside the state before becoming binding contracts;
(6) creating as borrower or lender, or acquiring, indebtedness or mortgages or other security interests in real or personal property;
(7) securing or collecting debts, or enforcing rights in property securing debts;
(8) conducting an isolated transaction that is completed within 30 days and that is not part of a course of repeated transactions of a similar nature; or
(9) conducting affairs in interstate commerce.

AS 10.50.720