GroundRules
AS 10.06.572: Abandonment of transaction by board.
Where this section sits in the code
- Title 10. Corporations and Associations.
- Chapter 06. Alaska Corporations Code.
- Article 8. Organic Change.
The board in its discretion may abandon a sale, lease, exchange, or other disposition of assets after approval by the shares without further action or approval by the shares, subject to the rights of third parties under contracts relating to the sale, lease, exchange, or other disposition.
Collected 2026-09-02T06:16:39Z. Source file · JSON