Section 10.20.161. Effect of issuance of certificate of incorporation.

Latest version.

Upon the issuance of the certificate of incorporation, the corporate existence begins.  The certificate of incorporation is conclusive evidence that all conditions precedent required to be performed by the incorporators have been complied with and that the corporation has been incorporated. The issuance of the certificate does not affect the right of the state to bring a proceeding to cancel or revoke the certificate of incorporation or for involuntary dissolution of the corporation.

Notes

References

7 AAC 79.900

History

(Sec. 1 ch 99 SLA 1968)

                    
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