Distribution of assets may be made in money, in property, or in securities and either in installments or as a whole, if the distribution is done fairly and ratably and in conformity with the articles of incorporation and the rights of the shareholders, and shall be made as soon as reasonably consistent with the beneficial liquidation of the corporate assets.
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.