(a) If the ground for the complaint for involuntary dissolution of the corporation is a deadlock in the board as set out in AS 10.06.628(b)(2), the court may appoint a provisional director.
(b) A provisional director shall be an impartial person, who is neither a shareholder nor a creditor of the corporation, nor related according to the common law by consanguinity or affinity within the third degree to a director of the corporation or to a judge of the court by which the provisional director is appointed. A provisional director has all the rights and powers of a director until the deadlock in the board is broken or until the provisional director is removed by order of the court or by approval of the outstanding shares.
(c) Unless otherwise agreed the compensation of the provisional director shall be fixed by the court.
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.