Section 10.50.300. Interim distributions without operating agreement.

Latest version.

Subject to AS 10.50.305 - 10.50.320, if an operating agreement of the company does not provide for the interim distribution of the assets of the company, when a limited liability company makes an interim distribution of its assets, the interim distributions to each member of the company shall be equal.

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History

(Sec. 1 ch 99 SLA 1994)

                    
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