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Alaska Statutes (Last Updated: January 11, 2017) |
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Title 10. CORPORATIONS AND ASSOCIATIONS. |
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Chapter 10.50. ALASKA REVISED LIMITED LIABILITY COMPANY ACT. |
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Article 10.50.10. OWNERSHIP AND TRANSFER OF PROPERTY; CREDITORS. |
Section 10.50.355. Transfer of property.
Latest version.
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(a) Except as provided in (b) of this section, a limited liability company may transfer the property of the company if the company uses an instrument of transfer signed by a member of the company in the name of the company.
(b) If the company is managed by a manager,
(1) title to limited liability company property may be transferred by an instrument of transfer signed by a manager of the company in the name of the company; and
(2) a member, solely by reason of being a member, does not have the authority to transfer the property of the company.
Authorities
10.50.360