Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.50. ALASKA REVISED LIMITED LIABILITY COMPANY ACT. |
Article 10.50.03. ORGANIZATION AND OPERATING AGREEMENT. |
Section 10.50.095. Operating agreement.
Latest version.
-
The members of a limited liability company may adopt an operating agreement for the company and may amend and repeal the agreement. The articles of organization may restrict or eliminate the power of the members to adopt, amend, or repeal an operating agreement.
Notes
History
(Sec. 1 ch 99 SLA 1994)