(a) Except as otherwise provided in this section, by complying with AS 10.55.501 – 10.55.506, a domestic entity may become a domestic entity of the same type in a foreign jurisdiction if the domestication is authorized by the law of the foreign jurisdiction. (b) Except as otherwise provided in this section, by complying with the […]
(a) A domestic entity may become a foreign entity in a domestication by approving a plan of domestication. The plan must be in a record and contain (1) the name and type of the domesticating entity; (2) the name and jurisdiction of organization of the domesticated entity; (3) the manner of converting the interests in […]
(a) A plan of domestication is not effective unless it has been approved (1) by a domestic domesticating entity (A) in accordance with the requirements, if any, in the domestic domesticating entity’s organic rules for approval of a domestication; (B) if the domestic domesticating entity’s organic rules do not provide for approval of a domestication, […]
(a) A plan of domestication of a domestic domesticating entity may be amended (1) in the same manner as the plan was approved, if the plan does not provide for the manner in which it may be amended; or (2) by the governors or interest holders of the entity in the manner provided in the […]
(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 […]
(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; […]
