Alaska Statutes Title 10, Chapter 10.50, Article 12 - Merger, Consolidation, and Conversion

• Sec. 10.50.500 Authority for Merger or Consolidation.
  Unless otherwise provided in an operating agreement of the company, and subject to the law applicable to the other limited liability company, a limited...
• Sec. 10.50.505 Exchange and Conversion of Rights and Interests. [Repealed, Sec. 29 Ch 60 Sla 2013].
  Repealed or Renumbered
• Sec. 10.50.510 Approval or Abandonment of Merger or Consolidation.
  (a) Unless otherwise provided in an operating agreement of the company, a limited liability company may not approve a proposed merger or consolidation unless...
• Sec. 10.50.515 Filing of Articles of Merger or Consolidation.
  The limited liability company that survives or results from a merger or consolidation under this chapter shall file with the department articles of merger...
• Sec. 10.50.520 Contents of Articles of Merger or Consolidation.
  The articles of merger or consolidation required by AS 10.50.515 must state(1) the name of each limited liability company that is a party to...
• Sec. 10.50.525 Execution of Articles of Merger or Consolidation.
  Articles of merger or consolidation shall be signed by a limited liability company that is a party to the merger or consolidation.
• Sec. 10.50.530 Equivalent to Articles of Dissolution.
  Articles of merger or consolidation constitute articles of dissolution for a limited liability company that is not the surviving or resulting limited liability company...
• Sec. 10.50.535 Effective Date of Merger or Consolidation.
  A merger or consolidation under AS 10.50.500 - 10.50.565 takes effect upon the later of the effective date of the filing of the articles...
• Sec. 10.50.540 Use of Merger or Consolidation Agreement to Amend or Adopt Operating Agreement.
  (a) An agreement of merger or consolidation approved under AS 10.50.510 may amend an operating agreement of a limited liability company or adopt a...
• Sec. 10.50.545 General Effects of Merger or Consolidation.
  (a) When a merger or consolidation becomes effective, the limited liability companies that are parties to a merger or consolidation agreement become a single...
• Sec. 10.50.550 Effect of Merger or Consolidation on Property of Companies.
  The real and personal property, the debts due, including promises to make capital contributions, other choses in action, and the other interests of the...
• Sec. 10.50.555 Effect of Merger or Consolidation on Liabilities and Proceedings.
  (a) The surviving or resulting limited liability company in a merger or consolidation is liable for the liabilities of the limited liability companies that...
• Sec. 10.50.560 Rights of Creditors and Liens.
  The rights of creditors and liens on the property of a limited liability company that is a party to a merger or consolidation are...
• Sec. 10.50.565 Conversion or Exchange of Interests At Merger or Consolidation.
  (a) Upon a merger or consolidation, the limited liability company interests that are to be converted or exchanged into interests, cash, obligations, or other...
• Sec. 10.50.570 Conversion to Limited Liability Company. [Repealed, Sec. 29 Ch 60 Sla 2013].
  Repealed or Renumbered
• Sec. 10.50.580 Other Transactions.
  Under AS 10.55 (Alaska Entity Transactions Act), a limited liability company may enter into mergers, interest exchanges, conversions, and domestications that are not covered...
• Sec. 10.50.590 Definition.
  In AS 10.50.500 - 10.50.590, "limited liability company" means a limited liability company organized under this chapter or a foreign limited liability company.

Last modified: November 15, 2016