Without excluding other activities which may not constitute transacting business in the state, a foreign corporation does not transact business in the state by carrying on any of the following activities: (1) maintaining or defending any action or suit or an administrative or arbitration proceeding, or effecting its settlement or the settlement of claims or disputes; (2) holding meetings of its directors, shareholders, or members or carrying on other activities concerning its internal affairs; (3) maintaining bank accounts; (4) securing or collecting debts, or enforcing rights in property securing debts; (5) transacting business in interstate commerce; (6) granting funds; (7) distributing information to members; (8) conducting an isolated transaction completed within a period of 30 days not in the course of a number of repeated transactions of like nature.
Alaska Legal Code