Alaska § 10.55.109 - Dissenters' rights.
Full text of Alaska Alaska Statutes § 10.55.109 — Dissenters' rights., with citation guidance and answers to common questions.
§ 10.55.109. Dissenters' rights.
(a) An interest holder of a domestic merging, acquired, converting, or domesticating entity is entitled to dissenters' rights in connection with the transaction if the interest holder would have been entitled to dissenters' rights under the entity's organic law in connection with a merger in which the interest of the interest holder was changed, converted, or exchanged unless (1) the organic law permits the organic rules to limit the availability of dissenters' rights; and
(2) the organic rules provide the limit described in (1) of this subsection.
(b) An interest holder of a domestic merging, acquired, converting, or domesticating entity is entitled to contractual dissenters' rights in connection with a transaction under this chapter to the extent provided (1) in the entity's organic rules;
(2) in the plan; or
(3) in the case of a business corporation, by action of its governors.
(c) If an interest holder is entitled to contractual dissenters' rights under (b) of this section and the entity's organic law does not provide procedures for the conduct of a dissenters' rights proceeding, the interest holder is entitled to use the procedures established under AS 10.06.576 as if the interest holder were a dissenting shareholder of a corporation under AS 10.06 .
Frequently Asked Questions About Alaska § 10.55.109
What does Alaska Statutes § 10.55.109 cover?
Section 10.55.109 ("Dissenters' 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 § 10.55.109?
A common citation format is "Alaska Statutes § 10.55.109" (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 § 10.55.109 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.