Chapter 10.50. - ALASKA REVISED LIMITED LIABILITY COMPANY ACT
- Article 01 - PURPOSES AND ACTIVITIES
- Article 02 - NAME; REGISTERED OFFICE AND AGENT; SERVICE OF PROCESS
- Sec. 10.50.020. - Limited liability company name.
- Sec. 10.50.025. - Distinguishable name.
- Sec. 10.50.030. - Right to reserve name.
- Sec. 10.50.035. - Application to reserve company name.
- Sec. 10.50.038. - Transfer of reserved name.
- Sec. 10.50.040. - Registration of company name.
- Sec. 10.50.043. - Exclusive right to use of name; use of nondistinguishable name.
- Sec. 10.50.048. - Procedure for registration of company name.
- Sec. 10.50.050. - Duration of name registration.
- Sec. 10.50.053. - Renewal of name registration.
- Sec. 10.50.055. - Registered office and registered agent.
- Sec. 10.50.060. - Change of registered office or agent by company.
- Sec. 10.50.063. - Registered agent's change of office location or resignation.
- Sec. 10.50.065. - Service on company.
- Article 03 - ORGANIZATION AND DURATION
- Sec. 10.50.070. - Organizers.
- Sec. 10.50.075. - Contents of articles of organization.
- Sec. 10.50.078. - Disclosure of company activities.
- Sec. 10.50.080. - Effective date of organization.
- Sec. 10.50.085. - Election of duration. [Repealed, Sec. 23 ch 78 SLA 1997].
- Sec. 10.50.090. - Conclusive evidence of compliance.
- Sec. 10.50.095. - Operating agreement.
- Article 04 - AMENDMENT OF ARTICLES
- Article 05 - MANAGEMENT
- Sec. 10.50.110. - Management generally.
- Sec. 10.50.115. - Appointment, removal, and replacement of managers.
- Sec. 10.50.120. - Manager eligibility.
- Sec. 10.50.125. - Tenure of manager.
- Sec. 10.50.130. - Limitation of member fiduciary duty.
- Sec. 10.50.135. - Duty of care.
- Sec. 10.50.140. - Conflicts of interest.
- Sec. 10.50.145. - Loans to managers, managing members, and employees.
- Sec. 10.50.148. - Indemnification of managers, managing members, employees, and agents; insurance.
- Sec. 10.50.150. - Authorization of company affairs.
- Article 06 - ADMISSION AND WITHDRAWAL OF MEMBERS
- Sec. 10.50.155. - Membership requirements.
- Sec. 10.50.160. - Effective date of admission.
- Sec. 10.50.165. - Authorization for assignee to become member.
- Sec. 10.50.170. - Rights, powers, and liabilities of assignee who becomes a member.
- Sec. 10.50.180. - Rights of assignor when assignee becomes a member.
- Sec. 10.50.185. - Resignation of member.
- Sec. 10.50.190. - Withdrawal before end of term or undertaking. [Repealed, Sec. 23 ch 78 SLA 1997].
- Sec. 10.50.195. - Remedies for wrongful withdrawal. [Repealed, Sec. 23 ch 78 SLA 1997].
- Sec. 10.50.205. - Removal of member.
- Sec. 10.50.210. - Effect of death or incompetency on membership.
- Sec. 10.50.215. - Termination of membership held by trust, trustee, or estate.
- Sec. 10.50.220. - Termination on dissolution of member.
- Sec. 10.50.225. - Other events terminating membership.
- Sec. 10.50.240. - Effect of election. [Repealed, Sec. 23 ch 78 SLA 1997].
- Article 07 - RELATIONSHIP TO THIRD PARTIES
- Article 08 - CONTRIBUTIONS
- Article 09 - DISTRIBUTIONS
- Sec. 10.50.290. - Repayment of contribution and sharing of profits and other assets.
- Sec. 10.50.295. - Interim distributions under operating agreement.
- Sec. 10.50.300. - Interim distributions without operating agreement.
- Sec. 10.50.305. - Restrictions on distributions.
- Sec. 10.50.315. - Additional restrictions in articles or agreement.
- Sec. 10.50.320. - Liability of members receiving prohibited distributions; suit against members.
- Sec. 10.50.330. - Time for interim distributions.
- Sec. 10.50.335. - Distributions when a person ceases to be a member. [Repealed, Sec. 23 ch 78 SLA 1997].
- Sec. 10.50.340. - Distribution in kind.
- Sec. 10.50.345. - Right to distribution.
- Sec. 10.50.348. - Inapplicability to winding up and involuntary or voluntary dissolution.
- Article 10 - OWNERSHIP AND TRANSFER OF PROPERTY; CREDITORS
- Sec. 10.50.350. - Ownership of company property.
- Sec. 10.50.355. - Transfer of property.
- Sec. 10.50.360. - Recovery of property.
- Sec. 10.50.370. - Nature of interest in company.
- Sec. 10.50.375. - Assignment of interest in company.
- Sec. 10.50.380. - Rights of judgment creditors.
- Sec. 10.50.385. - Rights of estate or legal representative of deceased or incompetent member.
- Sec. 10.50.390. - Rights of dissolved or terminated entity.
- Article 11 - DISSOLUTION
- Sec. 10.50.400. - Dissolution.
- Sec. 10.50.405. - Dissolution by court.
- Sec. 10.50.408. - Involuntary dissolution.
- Sec. 10.50.410. - Authority to wind up.
- Sec. 10.50.415. - Acts of winding up.
- Sec. 10.50.420. - Agency power of manager or member after dissolution.
- Sec. 10.50.425. - Distribution of assets.
- Sec. 10.50.430. - Articles of dissolution.
- Sec. 10.50.435. - Known claims against dissolved limited liability company.
- Sec. 10.50.440. - Unknown claims against dissolved limited liability company.
- Article 12 - MERGER, CONSOLIDATION, AND CONVERSION
- Sec. 10.50.500. - Authority for merger or consolidation.
- Sec. 10.50.505. - Conversion of rights and interests.
- Sec. 10.50.510. - Approval of merger or consolidation.
- Sec. 10.50.515. - Filing of articles of merger or consolidation.
- Sec. 10.50.520. - Contents of articles of merger or consolidation.
- Sec. 10.50.525. - Execution of articles of merger or consolidation.
- Sec. 10.50.530. - Equivalent to articles of dissolution.
- Sec. 10.50.535. - Effective date of merger or consolidation.
- Sec. 10.50.540. - Use of merger or consolidation agreement to amend or adopt operating agreement.
- Sec. 10.50.545. - General effects of merger or consolidation.
- Sec. 10.50.550. - Effect of merger or consolidation on property of companies.
- Sec. 10.50.555. - Effect of merger or consolidation on liabilities.
- Sec. 10.50.560. - Rights of creditors and liens.
- Sec. 10.50.565. - Conversion at merger or consolidation.
- Sec. 10.50.570. - Conversion to limited liability company.
- Sec. 10.50.590. - Definition.
- Article 13 - FOREIGN LIMITED LIABILITY COMPANIES
- Sec. 10.50.600. - Governing law.
- Sec. 10.50.605. - Registration required.
- Sec. 10.50.610. - Execution of registration application.
- Sec. 10.50.615. - Contents of registration application.
- Sec. 10.50.620. - Name.
- Sec. 10.50.623. - Change of name.
- Sec. 10.50.625. - Amendment of registration.
- Sec. 10.50.630. - Contents of amendment of registration.
- Sec. 10.50.635. - Registered office and registered agent of foreign company.
- Sec. 10.50.637. - Change of registered office or registered agent of foreign company.
- Sec. 10.50.638. - Filing and effective date of change.
- Sec. 10.50.640. - Service on foreign company.
- Sec. 10.50.645. - Service on commissioner.
- Sec. 10.50.650. - Revocation of registration.
- Sec. 10.50.653. - Appeal from revocation of registration.
- Sec. 10.50.655. - Authority to cancel registration.
- Sec. 10.50.660. - Contents of application for cancellation.
- Sec. 10.50.665. - Form, manner, and execution of application for cancellation.
- Sec. 10.50.670. - Effect of cancellation of registration.
- Sec. 10.50.675. - Conducting affairs without registration.
- Sec. 10.50.690. - Liability for fees and penalties.
- Sec. 10.50.700. - Civil penalty.
- Sec. 10.50.710. - Injunctive relief.
- Sec. 10.50.715. - Nonliability of member or manager.
- Sec. 10.50.720. - Transactions not constituting conducting affairs.
- Article 14 - SUITS BY AND AGAINST LIMITED LIABILITY COMPANIES
- Article 15 - BIENNIAL REPORT
- Article 16 - MISCELLANEOUS PROVISIONS
- Sec. 10.50.800. - Company certificates.
- Sec. 10.50.810. - Submission of documents to department.
- Sec. 10.50.820. - Filing of documents by department.
- Sec. 10.50.830. - Disapproval of writing by department; appeal.
- Sec. 10.50.840. - Execution of documents.
- Sec. 10.50.850. - Filing and other fees.
- Sec. 10.50.860. - Maintenance of records.
- Sec. 10.50.870. - Inspection of records.
- Sec. 10.50.880. - Disclosure of information.
- Sec. 10.50.890. - Waiver of notice.
- Article 17 - GENERAL PROVISIONS