The board in its discretion may abandon a sale, lease, exchange, or other disposition of assets after approval by the shares without further action or approval by the shares, subject to the rights of third parties under contracts relating to the sale, lease, exchange, or other disposition.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Sec. 10.06.532. Procedure for merger.
Sec. 10.06.534. Consolidation.
Sec. 10.06.536. Procedure for consolidation.
Sec. 10.06.538. Share exchange.
Sec. 10.06.540. Procedure for share exchange.
Sec. 10.06.542. Disparate treatment of shares of the same class or series prohibited; exceptions.
Sec. 10.06.544. Notice to and approval by shareholders.
Sec. 10.06.546. Manner of approval by shareholders.
Sec. 10.06.548. Abandonment of plan of merger, consolidation, or exchange.
Sec. 10.06.550. Execution and contents of articles of merger, consolidation, or exchange.
Sec. 10.06.552. Filing of articles of merger, consolidation, or exchange.
Sec. 10.06.554. Merger of subsidiary corporation.
Sec. 10.06.556. Procedure for merger of subsidiary corporation.
Sec. 10.06.558. Filing of articles of merger of subsidiary corporation.
Sec. 10.06.560. Effective date and effect of merger, consolidation, or exchange.
Sec. 10.06.564. Disclosure of alien affiliates.
Sec. 10.06.566. Disposition of assets in regular course of business; mortgage or pledge of assets.
Sec. 10.06.568. Disposition of assets not in regular course of business.
Sec. 10.06.570. Approval of transaction by shareholders.
Sec. 10.06.572. Abandonment of transaction by board.
Sec. 10.06.574. Right of shareholders to dissent.
Sec. 10.06.578. Offer and payment to dissenting shareholders; circumstances where prohibited.
Sec. 10.06.580. Action to determine value of shares.
Sec. 10.06.582. Status of shares acquired from dissenting shareholders.