(a) The commissioner, upon 60 days notice to the corporation may involuntarily dissolve a corporation formed under this chapter, for

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Terms Used In Alaska Statutes 10.40.150

  • 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.
(1) failure to file within 60 days of the close of the calendar year the report mentioned in Alaska Stat. § 10.40.105;
(2) failure to comply with Alaska Stat. § 10.40.130(a); and
(3) failure for six months to pay any fee or penalty required by this chapter.
(b) Before dissolving a corporation under (a) of this section, the commissioner shall give the corporation written notice of the pending dissolution by mailing the notice to the corporation. The commissioner shall mail the notice and any subsequent certificate of dissolution to the corporation in the same manner as required for notices and certificates of involuntary dissolution under Alaska Stat. § 10.06.633(i).
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