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Alaska Entity Transactions Act
Submitted by Matt on Sun, 10/27/2013 - 00:00
The Entity Transaction Act, effective July 2014, will vastly simplify some types of conversions, and is a welcome process improvement. But it is not a panacea - these sorts of transitions will continue to be complex, because they touch on so many other areas of law and process. If your company is considering a transition from one form to another, you should analyze whether you can afford to wait until summer 2014. If so, converting under the Act may substantially simplify and cut the costs of conversion.
