Alaska § 10.06.556 - Procedure for merger of subsidiary corporation.
Full text of Alaska Alaska Statutes § 10.06.556 — Procedure for merger of subsidiary corporation., with citation guidance and answers to common questions.
§ 10.06.556. Procedure for merger of subsidiary corporation.
(a) The board of a proposed surviving corporation shall, by resolution, approve a plan of merger setting out (1) the name of the subsidiary corporation and the name of the corporation owning at least 90 percent of its shares;
(2) subject to AS 10.06.542 , the manner and basis of converting the shares of the subsidiary corporation into shares, obligations, or other securities of the surviving or other corporation or, in whole or in part, into cash or other property.
(b) A copy of a plan of merger shall be mailed to each shareholder of record of the subsidiary corporation.
(c) Articles of merger shall be executed by the surviving corporation by its president or a vice-president and by its secretary or an assistant secretary and must set out the (1) plan of merger;
(2) number of outstanding shares of each class of the subsidiary corporation and the number of those shares of each class owned by the surviving corporation; and
(3) date of the mailing to shareholders of the subsidiary corporation of the plan of merger.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.06.556
What does Alaska Statutes § 10.06.556 cover?
Section 10.06.556 ("Procedure for merger of subsidiary corporation.") 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 § 10.06.556?
A common citation format is "Alaska Statutes § 10.06.556" (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 § 10.06.556 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.