Section 10.06.853. Failure to pay tax as evidence of inability to meet maturing debts and liabilities.

Latest version.

Failure of a corporation to pay the biennial corporation tax for a period of one year after the date when payment first becomes due is prima facie evidence of the inability of a corporation to meet maturing debts and liabilities that may be shown under AS 10.06.360 by the state, a private person, or a corporation.

Notes

Recent Bills that will modify this

HB 122 CORPORATION/LLC/PARTNERSHIP REPORTS

History

(Sec. 1 ch 166 SLA 1988)

                    
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