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AK Code › Title 32 › Chapter 32.06 › Section 32.06.995
Text
In this chapter, unless the context indicates otherwise, (1) business includes a trade, an occupation, or a profession;
(2) commissioner means the commissioner of commerce, community, and economic development;
(3) debtor in bankruptcy means a person who is the subject of (A) an order for relief under 11 U.S.C. (Bankruptcy Code) or a comparable order under a successor statute of general application; or
(B) a comparable order under federal, state, or foreign law governing insolvency;
(4) department means the Department of Commerce, Community, and Economic Development;
(5) distribution means a transfer of money or other property from a partnership to a partner in the partner's capacity as a partner or to the partner's transferee;
(6) domestic partnership means a partnership whose internal relations are governed by the laws of this state;
(7) foreign limited liability partnership means a partnership that (A) is formed under laws other than the laws of this state; and
(B) has the status of a limited liability partnership under those laws;
(8) foreign partnership means a partnership other than a domestic partnership;
(9) limited liability partnership or domestic limited liability partnership means a partnership that has filed a statement of qualification under AS 32.06.911 and does not have a similar statement in effect in another jurisdiction;
(10) partnership means an association of two or more persons to carry on as co-owners a business for profit formed under AS 32.06.202 , predecessor law, or a comparable law of another jurisdiction;
(11) partnership agreement means the agreement, whether written, oral, or implied, among the partners concerning the partnership, including amendments to the partnership agreement;
(12) partnership at will means a partnership in which the partners have not agreed to remain partners until the expiration of a definite term or the completion of a particular undertaking;
(13) partnership interest or partner's interest in the partnership means all of a partner's interests in the partnership, including the partner's transferable interest and all management and other rights;
(14) person means an individual, corporation, business trust, estate, trust, partnership, association, joint venture, government, governmental subdivision, agency, or instrumentality, or any other legal or commercial entity;
(15) property means all property, including real, personal, mixed, tangible, or intangible property, or an interest in property;
(16) state means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or a territory or insular possession subject to the jurisdiction of the United States;
(17) statement means a statement of partnership authority under AS 32.06.303 , a statement of denial under AS 32.06.304 , a statement of dissociation under AS 32.06.704 , a statement of dissolution under AS 32.06.805 , a statement of merger under AS 32.06.907 , a statement of qualification under AS 32.06.911 , a statement of foreign qualification under AS 32.06.922 , or an amendment or cancellation of any of the foregoing;
(18) surviving partnership means a domestic or foreign partnership into which one or more domestic or foreign partnerships are merged, whether or not preexisting the merger or created by the merger;
(19) transfer includes an assignment, conveyance, lease, mortgage, deed, and encumbrance.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.