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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 15. Alaska Cooperative Corporation Act
Section 450. Conversion of Corporation Into Cooperative.
previous: Section 445. Influence of the Nature of the Surviving or New Corporation Upon the Effect of Merger or Consolidation.
next: Section 455. Definitions.

AS 10.15.450. Conversion of Corporation Into Cooperative.

A domestic corporation may convert itself into a cooperative by adopting an amendment to its articles by which it elects to become subject to this chapter, together with changes in its articles required by this chapter and other changes permitted by this chapter which it determines desirable. The amendment shall be adopted and filed, and becomes effective, as provided by the law applicable to the domestic corporation.


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Last modified 9/3/2005