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Home > For Small Business > Business Structures > Limited Liability Companies > Alaska Statutes 10.50.390 - Rights of dissolved or terminated entity |
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Alaska Statutes 10.50.390 - Rights of dissolved or terminated entity
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Current as of: 2010 Unless the articles of incorporation expressly provide otherwise, a professional corporation shall continue as a separate entity independent of its shareholders for all purposes and for the period of time provided in the articles or until dissolved by a vote of two-thirds of the shareholders. A professional corporation shall continue notwithstanding the death, insanity, incompetency, conviction for felony, resignation, withdrawal, transfer of ownership of shares, retirement, or expulsion of any one or more of the shareholders, the transfer of shares to a new shareholder, or the happening of any other event that under the law of this state and under like circumstances would work a dissolution of a partnership. ________________________________________________________________________
See also:Related Articles: Limited Liability Companies
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201 Third Street NW, Suite 1340
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Full Service Law Firm |
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Practice Areas: Family Law
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www.wolfandfoxpc.com/
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