(a) Except as otherwise provided in this section, by complying with Alaska Stat. § 10.55.401 – 10.55.406, a domestic entity may become
Terms Used In Alaska Statutes 10.55.401
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(1) a domestic entity of a different type; or(2) a foreign entity of a different type, if the conversion is authorized by the law of the foreign jurisdiction.(b) Except as otherwise provided in this section, by complying with the provisions of Alaska Stat. § 10.55.401 – 10.55.406 applicable to foreign entities, a foreign entity may become a domestic entity of a different type if the conversion is authorized by the law of the foreign entity’s jurisdiction of organization.(c) Unless the provision is amended after July 1, 2014, if a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a conversion, the provision applies to a conversion of the entity as if the conversion were a merger.
