GroundRules
AS 10.50.550: Effect of merger or consolidation on property of companies.
Where this section sits in the code
- Title 10. Corporations and Associations.
- Chapter 50. Alaska Revised Limited Liability Company Act.
- Article 12. Merger, Consolidation, and Conversion.
The real and personal property, the debts due, including promises to make capital contributions, other choses in action, and the other interests of the limited liability companies that are parties to a merger or consolidation belong to the surviving or resulting limited liability company without further action by the companies.
Collected 2026-09-02T06:16:39Z. Source file · JSON