Alaska Statutes — Title 43 (Revenue and Taxation)
AS 43.82.260
Change of parties to an application or a contract; assignment of interests
# (a)
A qualified sponsor or member of a qualified sponsor group may assign an interest in or add or withdraw a party to an application under AS 43.82.120 only if the commissioner has
# (1)
made a finding that the assignment, addition, or withdrawal is consistent with the requirements of AS 43.82.110; and
# (2)
given prior written approval for the assignment, addition, or withdrawal.
# (b)
A contract developed under this chapter may provide for the assignment to or withdrawal of a qualified sponsor or member of a qualified sponsor group.
# (c)
Upon being added to an application under this section, a party becomes a qualified sponsor or a member of a qualified sponsor group, as appropriate, for the relevant project.
# (d)
The commissioner may not unreasonably withhold approval under (a) of this section, but may condition the approval in any way reasonably necessary to protect the fiscal interests of the state and to further the purposes of this chapter.
# (e)
For purposes of this section, an assignment includes a transfer of stock or a partnership interest in a manner that changes control of a qualified sponsor or member of a qualified sponsor group.
Source: official source document (full Title 43 PDF)
In this chapter (39 sections)
- 43.82.010 · Purpose
- 43.82.020 · Contracts for payments in lieu of other taxes and for…
- 43.82.100 · Qualified project
- 43.82.110 · Qualified sponsor or qualified sponsor group
- 43.82.120 · Applications
- 43.82.130 · Qualified project plan
- 43.82.140 · Review of applications and determination of qualifications
- 43.82.150 · Actions challenging determinations on applications
- 43.82.160 · Multiple applications for similar or competing qualified…
- 43.82.170 · Application deadline
- 43.82.180 · Withdrawal of applications
- 43.82.200 · Contract development
- 43.82.210 · Contract terms relating to payment in lieu of one or more…
- 43.82.220 · Contract terms relating to royalty
- 43.82.230 · Contract terms relating to hiring of Alaska residents and…
- 43.82.240 · Use of an independent contractor
- 43.82.250 · Term of contract; effective date
- 43.82.260 · Change of parties to an application or a contract;…
- 43.82.270 · Project plans and work commitments
- 43.82.300 · Requests for information
- 43.82.310 · Disclosure of information; confidentiality
- 43.82.400 · Preliminary findings and determination regarding the…
- 43.82.410 · Notice and comment regarding the contract
- 43.82.420 · Coordination of public and legislative review
- 43.82.430 · Final findings, determination, and proposed amendments;…
- 43.82.435 · Legislative authorization
- 43.82.440 · Judicial review
- 43.82.445 · Administrative termination of a contract
- 43.82.500 · Obligation to share payments with municipalities
- 43.82.505 · Payments to economically affected municipalities
- 43.82.510 · Municipal advisory group
- 43.82.520 · Duties of the commissioner of revenue in relation to…
- 43.82.600 · Governing law
- 43.82.610 · Regulations
- 43.82.620 · Procedures for collection of amounts due; security
- 43.82.630 · Reports and audits
- 43.82.640 · Annual report of the commissioner of labor and workforce…
- 43.82.900 · Definitions
- 43.82.990 · Short title