Alaska § 10.20.435 - Decree of involuntary dissolution.
Full text of Alaska Alaska Statutes § 10.20.435 — Decree of involuntary dissolution., with citation guidance and answers to common questions.
§ 10.20.435. Decree of involuntary dissolution.
In proceedings to liquidate the assets and business of a corporation, when the costs and expenses of the proceeding and the debts, obligations, and liabilities of the corporation have been paid and discharged or when the remaining property and assets are not sufficient to satisfy and discharge the costs, expenses, debts, and obligations, and all the property and assets have been applied to their payment, the court shall enter a decree dissolving the corporation. Upon entry of the decree, the existence of the corporation ceases.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.20.435
What does Alaska Statutes § 10.20.435 cover?
Section 10.20.435 ("Decree of involuntary dissolution.") 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 § 10.20.435?
A common citation format is "Alaska Statutes § 10.20.435" (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 § 10.20.435 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.