Section 10.55.501. Domestication authorized.

   (a) Except as otherwise provided in this section, by complying with AS 10.55.501 - 10.55.506, a domestic entity may become a domestic entity of the same type in a foreign jurisdiction if the domestication is authorized by the law of the foreign jurisdiction.
   (b) Except as otherwise provided in this section, by complying with the provisions of AS 10.55.501 - 10.55.506 applicable to foreign entities, a foreign entity may become a domestic entity of the same type in this state if the domestication is authorized by the law of the foreign entity's jurisdiction of organization.
   (c) Unless the provision is amended after July 1, 2014, if a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a domestication, the provision applies to a domestication of the entity as if the domestication were a merger.

Authorities

10.55.501;10.55.505;10.55.901

Notes

References

AS 10.55.501 Domestication authorized.
AS 10.55.505 Statement of domestication; effective date.
AS 10.55.901 Definitions.

History

(Sec. 10 ch 60 SLA 2013)