Alaska Statutes 10.45.136 – Shareholder has no power to dissolve
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Terms Used In Alaska Statutes 10.45.136
- 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.
A shareholder of a professional corporation does not have the power to dissolve the corporation by an independent act of any kind.