Alaska § 06.15.340 - Transfer and exercise of rights.
Full text of Alaska Alaska Statutes § 06.15.340 — Transfer and exercise of rights., with citation guidance and answers to common questions.
§ 06.15.340. Transfer and exercise of rights.
All rights, franchises, and property interests of the merged or consolidating mutual banks are transferred to and vested in the surviving or consolidated mutual bank by virtue of the merger or consolidation without the requirement under this chapter of a deed or other instrument of transfer. The surviving or consolidated mutual bank may exercise all rights and privileges of the merged or consolidating mutual banks in accordance with the terms of the merger or consolidation agreement. The surviving or consolidated mutual bank is responsible for all debts and obligations of the merged or consolidating mutual bank under the terms of the merger or consolidation agreement.
Article 4. General Powers of Mutual Banks.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 06.15.340
What does Alaska Statutes § 06.15.340 cover?
Section 06.15.340 ("Transfer and exercise of rights.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 06.15.340?
A common citation format is "Alaska Statutes § 06.15.340" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 06.15.340 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.