{"data":{"id":"us-ak/as-10.50.565","jurisdiction":"us-ak","citation":"AS 10.50.565","heading":"Conversion or exchange of interests at merger or consolidation.","body":"(a) Upon a merger or consolidation, the limited liability company interests that are to be converted or exchanged into interests, cash, obligations, or other property under the terms of a merger or consolidation agreement are converted as provided by the merger or consolidation agreement.\n(b) Upon a merger or consolidation, the former holders of interests converted under (a) of this section have the rights provided in the merger or consolidation agreement or otherwise provided by law.","path":["Title 10. Corporations and Associations.","Chapter 50. Alaska Revised Limited Liability Company Act.","Article 12. Merger, Consolidation, and Conversion."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.50.565","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"fb93aec612cdba6a761a63aab177e1ab1c9cfd1775569992f5f1322b4835d952","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.50.560","next":"us-ak/as-10.50.570"},"notice":"GroundRules: Original legal text. Not legal advice."}