{"data":{"id":"us-ak/as-10.50.720","jurisdiction":"us-ak","citation":"AS 10.50.720","heading":"Transactions not constituting conducting affairs.","body":"The activities of a foreign limited liability company that are not considered to be conducting affairs in this state for the purposes of AS 10.50.600 — 10.50.720 include\n(1) maintaining, defending, or settling a court action or other proceeding or a claim;\n(2) holding meetings of the members or managers of the company;\n(3) maintaining bank accounts;\n(4) selling through independent contractors;\n(5) soliciting or procuring orders by mail, through employees, agents, or otherwise, if the orders require acceptance outside the state before becoming binding contracts;\n(6) creating as borrower or lender, or acquiring, indebtedness or mortgages or other security interests in real or personal property;\n(7) securing or collecting debts, or enforcing rights in property securing debts;\n(8) conducting an isolated transaction that is completed within 30 days and that is not part of a course of repeated transactions of a similar nature; or\n(9) conducting affairs in interstate commerce.","path":["Title 10. Corporations and Associations.","Chapter 50. Alaska Revised Limited Liability Company Act.","Article 13. Foreign Limited Liability Companies."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.50.720","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"6d65361c3573227eb130087f04cfa285c0625987a25e5a8eebe8225b83d59b6e","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.50.715","next":"us-ak/as-10.50.730"},"notice":"GroundRules: Original legal text. Not legal advice."}