Winding up partnership business. — Alaska Code § 32.06.803
Alaska Code § 32.06.803 — Winding up partnership business.. Reproduced from the official Alaska Statutes, with a citation summary, verification link, and related provisions.
§ 32.06.803. Winding up partnership business.
(a) After dissolution, a partner who has not wrongfully dissociated may participate in winding up the partnership's business, but, on application of a partner, partner's legal representative, or transferee, the superior court, for good cause shown, may order judicial supervision of the winding up.
(b) The legal representative of the last surviving partner may wind up a partnership's business.
(c) A person winding up a partnership's business may preserve the partnership business or property as a going concern for a reasonable time, prosecute and defend actions and proceedings, whether civil, criminal, or administrative, settle and close the partnership's business, dispose of and transfer the partnership's property, discharge the partnership's liabilities, distribute the assets of the partnership under AS 32.06.807 , settle disputes by mediation or arbitration, and perform other necessary acts.
Source: official Alaska text · Last verified 2026-08-27
At a glance
- Citation: Alaska Statutes § 32.06.803
- Jurisdiction: Alaska
- Code: Alaska Statutes
- Subject: Winding up partnership business.
- Text: transcribed from the official source (verify below)
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The text above is transcribed from the Alaska Statutes, the codified statutes of Alaska. The official publisher link appears under "Verify the text" on this page.
What subject does Alaska Statutes § 32.06.803 address?
It addresses "Winding up partnership business.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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