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April 6, 2021

State of Alaska

The Alaska Legislature unanimously passed Senate Bill 24, and it has been signed into law by Gov. Mike Dunleavy. The new law allows corporate shareholder meetings and nonprofit member meetings to be held via remote communications. Previous Alaska Statutes required these meetings to be held in-person. Earlier, International law firm Dorsey & Whitney helped obtain an emergency order from the governor to temporarily suspended certain state laws during the coronavirus public health crisis and allow all Alaska corporations to hold virtual and hybrid annual shareholder meetings on short notice. Every Alaska corporation must have an annual shareholder meeting, and the previous Alaska Statutes required that corporations hold these meetings in-person. Dorsey attorneys Jill McLeod, Bonnie Paskvan and Siena Caruso worked closely with sponsors of Senate Bill 24 to comprehensively amend existing state statutes governing how corporations of all types may “meet.”




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