State Codes and Statutes

Statutes > Alaska > Title-10 > Chapter-10-50 > Article-06 > Sec-10-50-180

Unless otherwise provided in an operating agreement of the company, when an assignee of a member's limited liability company interest becomes a member of the company with respect to the assignor's entire interest, the assignor ceases to be a member or to have the power to exercise the rights of a member.

State Codes and Statutes

Statutes > Alaska > Title-10 > Chapter-10-50 > Article-06 > Sec-10-50-180

Unless otherwise provided in an operating agreement of the company, when an assignee of a member's limited liability company interest becomes a member of the company with respect to the assignor's entire interest, the assignor ceases to be a member or to have the power to exercise the rights of a member.


State Codes and Statutes

State Codes and Statutes

Statutes > Alaska > Title-10 > Chapter-10-50 > Article-06 > Sec-10-50-180

Unless otherwise provided in an operating agreement of the company, when an assignee of a member's limited liability company interest becomes a member of the company with respect to the assignor's entire interest, the assignor ceases to be a member or to have the power to exercise the rights of a member.