Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.06. ALASKA CORPORATIONS CODE. |
Article 10.06.08. ORGANIC CHANGE. |
Section 10.06.554. Merger of subsidiary corporation.
Latest version.
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A corporation owning at least 90 percent of the outstanding shares of each class of another corporation may merge the other corporation into itself without approval by a vote of the shareholders of either corporation.
Notes
History
(Sec. 1 ch 166 SLA 1988)