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- Alaska Statutes.
- Title 10. Corporations and Associations
- Chapter 20. Alaska Nonprofit Corporation Act
- Section 460. Activities Not Constituting Transacting Business in the State.
previous: Section 455
. Admission of Foreign Corporation.
next: Section 465
. Powers of a Foreign Corporation.
AS 10.20.460. Activities Not Constituting Transacting Business in the State.
Without excluding other activities which may not constitute transacting business in the state, a foreign corporation
does not transact business in the state by carrying on any of the following activities:
- (1) maintaining or defending any action or suit or an administrative or arbitration proceeding, or effecting its
settlement or the settlement of claims or disputes;
- (2) holding meetings of its directors, shareholders, or members or carrying on other activities concerning its internal
- (3) maintaining bank accounts;
- (4) securing or collecting debts, or enforcing rights in property securing debts;
- (5) transacting business in interstate commerce;
- (6) granting funds;
- (7) distributing information to members;
- (8) conducting an isolated transaction completed within a period of 30 days not in the course of a number of repeated
transactions of like nature.
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