Alaska § 42.40.950 - Reversion of assets.
Full text of Alaska Alaska Statutes § 42.40.950 — Reversion of assets., with citation guidance and answers to common questions.
§ 42.40.950. Reversion of assets.
Except as provided in AS 42.40.940 , if the corporation ceases to exist its assets revert to the state.
Frequently Asked Questions About Alaska § 42.40.950
What does Alaska Statutes § 42.40.950 cover?
Section 42.40.950 ("Reversion of assets.") 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 § 42.40.950?
A common citation format is "Alaska Statutes § 42.40.950" (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 § 42.40.950 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.