GroundRules
AS 10.20.430: Discontinuance of liquidation proceedings.
Where this section sits in the code
- Title 10. Corporations and Associations.
- Chapter 20. Alaska Nonprofit Corporation Act.
- Article 5. Dissolution.
The liquidation of the assets and business of a corporation may be discontinued at any time during the liquidation proceeding when it is established that cause for liquidation no longer exists. In this event, the court shall dismiss the proceeding and direct the receiver to redeliver to the corporation its remaining property and assets.
Collected 2026-09-02T06:16:39Z. Source file · JSON