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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 20. Alaska Nonprofit Corporation Act
Section 385. Procedure in Liquidation of Corporation By Court.
previous: Section 380. Joinder of Members Not Mandatory.
next: Section 390. Appointment of Receiver.

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.


Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005