Alaska Statutes Title 06, Chapter 06.26, Article 09 - Organic Change

• Sec. 06.26.650 General Provisions for Conversions, Mergers, and Consolidations.
  (a) A national bank whose main office is located in the state or a state bank whose main office is located in the state...
• Sec. 06.26.660 Merger or Consolidation.
  (a) To merge or consolidate under AS 06.26.650 , the merging persons shall file with the department the original articles of merger or consolidation,...
• Sec. 06.26.670 Rights of Dissenters.
  In addition to the dissenter's rights under AS 10.06 for a merger or consolidation, if a shareholder of a trust company objects to a...
• Sec. 06.26.680 Authority to Purchase Assets of Another Trust Company.
  (a) A trust company with the prior written approval of the department may purchase all or substantially all of the assets of another trust...
• Sec. 06.26.690 Authority to Act As Disbursing Agent.
  A purchasing trust company may hold the purchase price and any additional money or other assets delivered to it by the selling trust company...
• Sec. 06.26.700 Liquidation of Selling Trust Company.
  If a selling trust company is at any time after the sale of assets voluntarily or involuntarily closed for liquidation by a state or...
• Sec. 06.26.710 Payment to Creditors.
  A purchasing trust company may pay a creditor of the selling trust company the amount to be paid the creditor under the terms of...
• Sec. 06.26.720 Sale of Assets.
  (a) The board of a trust company, with the department's approval, may cause a trust company to sell all or substantially all of its...

Last modified: November 15, 2016