Sec. 10.55.201. Merger authorized.
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Sec. 10.55.201. Merger authorized.
(a)Except as otherwise provided in AS 10.55.201 — 10.55.206, by complying with AS 10.55.201 — 10.55.206,
(1)one or more domestic entities may merge with one or more domestic or foreign entities into a domestic or foreign surviving entity; and
(2)two or more foreign entities may merge into a domestic entity.
(b)Except as otherwise provided in this section, by complying with the provisions of AS 10.55.201 — 10.55.206 applicable to foreign entities, a foreign entity may be a party to a merger under AS 10.55.201 — 10.55.206 or may be the surviving entity in a merger if the merger is authorized by the law of the foreign entity's jurisdiction of organization.
(c)The provisions of AS 10.55.201 — 10.55.206 do not apply to
(1)a merger or consolidation under
(A)AS 10.06.530 — 10.06.562 or 10.06.960 (Alaska Corporations Code); or
(B)AS 10.50.500 — 10.50.565 (Alaska Revised Limited Liability Company Act); or
(2)a merger under
(A)AS 10.20.216 — 10.20.280 (Alaska Nonprofit Corporation Act); or
(B)AS 32.06.905 — 32.06.907 (Uniform Partnership Act).