Alaska Statutes Title 10, Chapter 10.15, Article 04 - Merger, Consolidation, and Conversion of Corporation Into Cooperative

• Sec. 10.15.400 Merger and Consolidation.
  Two or more cooperatives may merge or consolidate pursuant to a plan of merger or consolidation adopted in the manner provided in AS 10.15.405...
• Sec. 10.15.405 Approval and Contents of Plan of Merger or Consolidation.
  The board of each cooperative shall, by resolution adopted by each board, approve a plan of merger or consolidation setting forth(1) the names of...
• Sec. 10.15.410 Adoption of Plan of Merger or Consolidation.
  The board of each cooperative, upon approving the plan of merger or plan of consolidation, shall by resolution direct that the plan be submitted...
• Sec. 10.15.415 Abandonment of Plan of Merger or Consolidation.
  After adoption of the plan, and at any time prior to the filing of the articles of merger or consolidation, the merger or consolidation...
• Sec. 10.15.420 Execution of Articles of Merger or Consolidation.
  Upon adoption of the plan of merger or consolidation, articles of merger or articles of consolidation, as the case may be, shall be executed...
• Sec. 10.15.425 Contents of Articles.
  The articles of merger or consolidation must set out(1) the plan of merger or plan of consolidation;(2) the date of adoption of the plan;(3)...
• Sec. 10.15.430 Filing of Articles.
  Duplicate originals of the articles of merger or articles of consolidation shall be delivered to the commissioner, who, upon finding the articles conform to...
• Sec. 10.15.435 Effect of Merger or Consolidation.
  When the merger or consolidation is effective(1) the several cooperatives which are parties to the plan of merger or consolidation shall be a single...
• Sec. 10.15.440 Merger or Consolidation of Cooperatives and Domestic and Foreign Corporations.
  (a) One or more cooperatives may merge or consolidate with or into one or more of the following classes of business organizations:(1) a domestic...
• Sec. 10.15.445 Effect of Merger or Consolidation.
  (a) If the surviving or new corporation is a cooperative, the effect of the merger or consolidation is the same as provided in this...
• Sec. 10.15.450 Conversion of Corporation Into Cooperative. [Repealed, Sec. 29 Ch 60 Sla 2013].
  Repealed or Renumbered
• Sec. 10.15.455 Definitions.
  In AS 10.15.400 - 10.15.455,(1) "new cooperative" means the new cooperative provided for in the plan of consolidation;(2) "surviving cooperative" means the cooperative designated...

Last modified: November 15, 2016