Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.50. ALASKA REVISED LIMITED LIABILITY COMPANY ACT. |
Article 10.50.05. MANAGEMENT. |
Section 10.50.115. Appointment, removal, and replacement of managers.
Latest version.
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Except as otherwise provided in an operating agreement of a limited liability company, a manager of the company may not be appointed, removed, or replaced, unless more than one-half of all of the members of the company authorize the appointment, removal, or replacement.
Notes
History
(Sec. 1 ch 99 SLA 1994)