Alaska Statutes 10.06.660 – Powers and duties of directors and others in dissolution proceedings
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The powers and duties of the directors or other persons appointed by the court under Alaska Stat. § 10.06.648 and officers after commencement of a dissolution proceeding include, but are not limited to, the following acts in the name and on behalf of the corporation:
Terms Used In Alaska Statutes 10.06.660
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- board: means the board of directors of a domestic or foreign corporation. See Alaska Statutes 10.06.990
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- property: includes real and personal property. See Alaska Statutes 01.10.060
- shares: means the units into which the proprietary interests in a corporation are divided. See Alaska Statutes 10.06.990