A corporation may be dissolved involuntarily by the commissioner when it is established that
(1) the corporation has failed to file its biennial report within the time required by this chapter;
(2) the corporation procured its articles of incorporation through fraud;
(3) the corporation has continued to exceed or abuse the authority conferred upon it by law;
(4) the corporation has failed for 30 days to appoint and maintain a registered agent in the state;
(5) the corporation has failed for 30 days after change of its registered office or registered agent to file in the office of the commissioner a statement of the change;
(6) the corporation has failed, within the time required by this chapter, to revoke or complete a plan of voluntary dissolution; or
(7) the corporation is 90 days delinquent in filing a notice of change of an officer or director as required by this chapter.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 20. Alaska Nonprofit Corporation Act
Sec. 10.20.290. Voluntary dissolution.
Sec. 10.20.295. Distribution of assets.
Sec. 10.20.300. Plan of distribution.
Sec. 10.20.305. Revocation of voluntary dissolution proceedings.
Sec. 10.20.310. Articles of dissolution.
Sec. 10.20.315. Filing of articles of dissolution.
Sec. 10.20.320. Effect of certificate of dissolution.
Sec. 10.20.325. Grounds for involuntary dissolution.
Sec. 10.20.335. Notice to corporation.
Sec. 10.20.345. Removal of ground for dissolution.
Sec. 10.20.355. Jurisdiction of court to liquidate assets and business of corporation.
Sec. 10.20.360. Action by members for liquidation.
Sec. 10.20.365. Action by creditor for liquidation.
Sec. 10.20.370. Liquidation on application by corporation.
Sec. 10.20.380. Joinder of members.
Sec. 10.20.385. Procedure in liquidation of corporation by court.
Sec. 10.20.390. Appointment of receiver; powers.
Sec. 10.20.395. Disposition of assets or proceeds.
Sec. 10.20.400. Powers and duties of receiver.
Sec. 10.20.405. Compensation of receiver and attorneys.
Sec. 10.20.410. Power of receiver to sue and defend.
Sec. 10.20.415. Exclusive jurisdiction of appointing court.
Sec. 10.20.420. Qualifications of receivers.
Sec. 10.20.425. Filing of claims in liquidation proceedings.
Sec. 10.20.430. Discontinuance of liquidation proceedings.
Sec. 10.20.435. Decree of involuntary dissolution.
Sec. 10.20.440. Filing of decree of dissolution.
Sec. 10.20.445. Deposit with commissioner of amount due creditors or members.