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13 chapters · 955 sections in this title.
AS 10.15.505 Involuntary dissolution and cancellation of corporate filings.
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The provisions in AS 10.06 (Alaska Corporations Code) relating to involuntary dissolution of business corporations and to the cancellation of certain corporate filings apply to cooperatives.
AS 10.15.510 Jurisdiction of court to liquidate assets and business of cooperative.
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In addition to any other instances in which the law provides the power, a court may liquidate the assets and business of a cooperative (1) in an action by a member or shareholder when it is established that the members are deadlocked in voting power, and have failed, for a period…
AS 10.15.515 Joinder of members or shareholders unnecessary.
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It is not necessary to make members or shareholders parties to an action or proceeding under AS 10.15.510 unless relief is sought against them personally.
AS 10.15.520 Deposit with department of amount due persons who cannot be found; unknown persons, or incompetent persons.
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Upon the voluntary or involuntary dissolution of a cooperative, the portion of the assets distributable to a creditor, member, shareholder, or patron or other person unknown or who cannot be found, or who is under a disability with no person legally competent to receive the distr…