{"data":{"id":"us-ak/as-10.55.401","jurisdiction":"us-ak","citation":"AS 10.55.401","heading":"Conversion authorized.","body":"(a) Except as otherwise provided in this section, by complying with AS 10.55.401 — 10.55.406, a domestic entity may become\n(1) a domestic entity of a different type; or\n(2) a foreign entity of a different type, if the conversion is authorized by the law of the foreign jurisdiction.\n(b) Except as otherwise provided in this section, by complying with the provisions of AS 10.55.401 — 10.55.406 applicable to foreign entities, a foreign entity may become a domestic entity of a different type if the conversion is authorized by the law of the foreign entity's jurisdiction of organization.\n(c) Unless the provision is amended after July 1, 2014, if a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a conversion, the provision applies to a conversion of the entity as if the conversion were a merger.","path":["Title 10. Corporations and Associations.","Chapter 55. Alaska Entity Transactions Act.","Article 4. Conversion."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.55.401","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"bf49dc0f7b0a81028f1de431bcf7a6a3d34d72d719f38fb274d6c800ab86064c","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.55.306","next":"us-ak/as-10.55.402"},"notice":"GroundRules: Original legal text. Not legal advice."}