Alaska Statutes: AS 10.20.385. Procedure in Liquidation of Corporation By Court.

Alaska Statutes. Title 10. Corporations and Associations Chapter 20. Alaska Nonprofit Corporation Act Section 385. Procedure in Liquidation of Corporation By Court.

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AS 10.20.385. Procedure in Liquidation of Corporation By Court.

In a proceeding to liquidate the assets and business of a corporation the superior court may issue injunctions, appoint a receiver pendente lite with powers and duties as the court may direct, and take other proceedings necessary to preserve the corporate assets wherever situated and carry on the business of the corporation until a full hearing is had.

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