The real and personal property, the debts due, including promises to make capital contributions, other choses in action, and the other interests of the limited liability companies that are parties to a merger or consolidation belong to the surviving or resulting limited liability company without further action by the companies.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 50. Alaska Revised Limited Liability Company Act
Article 12. Merger, Consolidation, and Conversion.
Sec. 10.50.500. Authority for merger or consolidation.
Sec. 10.50.510. Approval or abandonment of merger or consolidation.
Sec. 10.50.515. Filing of articles of merger or consolidation.
Sec. 10.50.520. Contents of articles of merger or consolidation.
Sec. 10.50.525. Execution of articles of merger or consolidation.
Sec. 10.50.530. Equivalent to articles of dissolution.
Sec. 10.50.535. Effective date of merger or consolidation.
Sec. 10.50.540. Use of merger or consolidation agreement to amend or adopt operating agreement.
Sec. 10.50.545. General effects of merger or consolidation.
Sec. 10.50.550. Effect of merger or consolidation on property of companies.
Sec. 10.50.555. Effect of merger or consolidation on liabilities and proceedings.
Sec. 10.50.560. Rights of creditors and liens.
Sec. 10.50.565. Conversion or exchange of interests at merger or consolidation.