If a corporation is in the process of voluntary winding up, a court, upon the petition of the corporation, a five-percent shareholder, or three or more creditors, and upon notice to the corporation and to other persons interested in the corporation as shareholders and creditors as the court may order, may take jurisdiction over the voluntary winding-up proceeding if it appears necessary for the protection of any parties in interest. The court, if it assumes jurisdiction, may make orders as to any and all matters concerning the winding up of the affairs of the corporation and for the protection of its shareholders and creditors of the corporation.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Sec. 10.06.608. Certificate of election: contents, signing, and filing.
Sec. 10.06.610. Revocation of election; contents, signing, and filing of certificate.
Sec. 10.06.613. Effective date of revocation and effect of revocation.
Sec. 10.06.620. Articles of dissolution: contents.
Sec. 10.06.623. Filing of articles of dissolution.
Sec. 10.06.625. Effect of certificate of dissolution.
Sec. 10.06.633. Involuntary dissolution by the commissioner: grounds, procedure, reinstatement.
Sec. 10.06.638. Commencement of commissioner's action; notice; default.
Sec. 10.06.640. Appointment of provisional director upon deadlock.
Sec. 10.06.645. Decree for winding up and dissolution; further judicial relief.
Sec. 10.06.650. Jurisdiction of court.
Sec. 10.06.658. Filing of decree of dissolution.
Sec. 10.06.660. Powers and duties of directors and others in dissolution proceedings.
Sec. 10.06.663. Proceeding to determine identity of directors or to appoint directors.
Sec. 10.06.668. Provision for payment of debt or liability.
Sec. 10.06.670. Distribution in money, property, or securities; installments.