Section 10.50.295. Interim distributions under operating agreement.

Latest version.

Subject to AS 10.50.305 - 10.50.320, if a limited liability company makes an interim distribution of its assets to its members, the company shall make the distribution to the members in the manner provided in an operating agreement of the company. The operating agreement of the company may authorize different interim distributions for different classes of members.

Authorities

10.50.330;10.50.425

Notes

References

AS 10.50.330 Time for interim distributions.
AS 10.50.425 Distribution of assets.

History

(Sec. 1 ch 99 SLA 1994)

                    
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