Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.20. ALASKA NONPROFIT CORPORATION ACT. |
Article 10.20.05. DISSOLUTION. |
Section 10.20.390. Appointment of receiver; powers.
Latest version.
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After a hearing held upon such notice as the court may direct to be given to all parties to the proceedings and to any other parties in interest designated by the court, the court may appoint a liquidating receiver with authority to collect the assets of the corporation, including amounts owing to the corporation by members. The liquidating receiver may, subject to the order of the court, sell, convey, and dispose of all or a part of the assets of the corporation wherever situated, either at public or private sale.
Notes
History
(Sec. 1 ch 99 SLA 1968)