Sec. 10.55.505. Statement of domestication; effective date.
(a) A statement of domestication shall be signed on behalf of the domesticating entity and filed with the department. (b) A statement of domestication must contain (1) the name, jurisdiction of organization, and type of the domesticating entity; (2) the name and jurisdiction of organization of the domesticated entity; (3) if the statement of domestication […]
Sec. 10.55.506. Effect of domestication.
(a) When a domestication becomes effective, (1) the domesticated entity is (A) organized under and subject to the organic law of the domesticated entity; and (B) the same entity without interruption as the domesticating entity; (2) all property of the domesticating entity continues to be vested in the domesticated entity without assignment, reversion, or impairment; […]
Sec. 10.55.601. Requirements for documents.
(a) To be entitled to filing by the department under this chapter, a document must satisfy the following requirements and the requirements of any other provision of this chapter that adds to or varies these requirements: (1) this chapter must require or permit filing the document with the department; (2) the document must contain the […]
Sec. 10.55.602. Forms.
The department may prescribe and furnish on request forms for documents required or permitted to be filed by this chapter, but their use is not mandatory.
Sec. 10.55.603. Filing, service, and copying fees.
(a) The department shall collect a fee each time process is served on the commissioner under this chapter. The party to a proceeding causing service of process may recover this fee as costs if the party prevails in the proceeding. (b) The department shall collect the fees for copying and certifying the copy of any […]
Sec. 10.55.604. Effective time and date of document.
Except as provided in AS 10.55.605, a document accepted for filing is effective (1) at the date and time of filing, as evidenced by the means used by the department for recording the date and time of filing; (2) at the time specified in the document as its effective time on the date it is […]
Sec. 10.55.108. Alternative means of approval of transactions.
Except as otherwise provided in the organic law or organic rules of a domestic entity, approval of a transaction under this chapter by the unanimous vote or consent of its interest holders satisfies the requirements of this chapter for approval of the transaction.
Sec. 10.55.401. Conversion authorized.
(a) Except as otherwise provided in this section, by complying with AS 10.55.401 – 10.55.406, a domestic entity may become (1) a domestic entity of a different type; or (2) a foreign entity of a different type, if the conversion is authorized by the law of the foreign jurisdiction. (b) Except as otherwise provided in […]
Sec. 10.55.109. Dissenters’ rights.
(a) An interest holder of a domestic merging, acquired, converting, or domesticating entity is entitled to dissenters’ rights in connection with the transaction if the interest holder would have been entitled to dissenters’ rights under the entity’s organic law in connection with a merger in which the interest of the interest holder was changed, converted, […]
Sec. 10.55.402. Plan of conversion.
(a) A domestic entity may convert to a different type of entity under AS 10.55.401 – 10.55.406 by approving a plan of conversion. The plan must be in a record and contain (1) the name and type of the converting entity; (2) the name, jurisdiction of organization, and type of the converted entity; (3) the […]