{"data":{"id":"us-ak/as-10.06.360","jurisdiction":"us-ak","citation":"AS 10.06.360","heading":"Prohibited distribution; inability to meet maturing liabilities.","body":"A corporation or subsidiary of a corporation may not make a distribution to the corporation's shareholders if the corporation or the subsidiary making the distribution is, or as a result of the distribution would be, likely to be unable to meet its liabilities as they mature.","path":["Title 10. Corporations and Associations.","Chapter 06. Alaska Corporations Code.","Article 4. Corporate Finance."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.06.360","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"ad5dbfcf2e00845a65e7c37f7b930e810b7a25c96b0e4776ab9536bc3f87065f","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.06.358","next":"us-ak/as-10.06.363"},"notice":"GroundRules: Original legal text. Not legal advice."}