A cooperative that has not commenced business may be dissolved by delivering articles of dissolution to the commissioner. A majority of the incorporators shall execute and acknowledge articles of dissolution on behalf of the cooperative. The articles must state (1) the name of the cooperative; (2) the address of its principal office; (3) that the cooperative has not commenced business; (4) that sums received by the cooperative, less that part disbursed for expenses of the cooperative, have been returned or paid to those entitled to them; (5) that no debt of the cooperative is unpaid; (6) that a majority of the incorporators elect to dissolve the cooperative.
Alaska Legal Code