Alaska Statutes: AS 10.20.390. Appointment of Receiver; Powers.

Alaska Statutes. Title 10. Corporations and Associations Chapter 20. Alaska Nonprofit Corporation Act Section 390. Appointment of Receiver; Powers.

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AS 10.20.390. Appointment of Receiver; Powers.

After a hearing held upon such notice as the court may direct to be given to all parties to the proceedings and to any other parties in interest designated by the court, the court may appoint a liquidating receiver with authority to collect the assets of the corporation, including amounts owing to the corporation by members. The liquidating receiver may, subject to the order of the court, sell, convey, and dispose of all or a part of the assets of the corporation wherever situated, either at public or private sale.

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