Alaska § 10.50.720 - Transactions not constituting conducting affairs.
Full text of Alaska Alaska Statutes § 10.50.720 — Transactions not constituting conducting affairs., with citation guidance and answers to common questions.
§ 10.50.720. Transactions not constituting conducting affairs.
The activities of a foreign limited liability company that are not considered to be conducting affairs in this state for the purposes of AS 10.50.600 — 10.50.720 include (1) maintaining, defending, or settling a court action or other proceeding or a claim;
(2) holding meetings of the members or managers of the company;
(3) maintaining bank accounts;
(4) selling through independent contractors;
(5) soliciting or procuring orders by mail, through employees, agents, or otherwise, if the orders require acceptance outside the state before becoming binding contracts;
(6) creating as borrower or lender, or acquiring, indebtedness or mortgages or other security interests in real or personal property;
(7) securing or collecting debts, or enforcing rights in property securing debts;
(8) conducting an isolated transaction that is completed within 30 days and that is not part of a course of repeated transactions of a similar nature; or
(9) conducting affairs in interstate commerce.
Article 14. Court Actions By and Against Limited Liability Companies.
Frequently Asked Questions About Alaska § 10.50.720
What does Alaska Statutes § 10.50.720 cover?
Section 10.50.720 ("Transactions not constituting conducting affairs.") 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 § 10.50.720?
A common citation format is "Alaska Statutes § 10.50.720" (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 § 10.50.720 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.