Alaska Statutes 10.50.550 – Effect of merger or consolidation on property of companies
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 10.50.550
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
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.