Section 10.50.410. Authority to wind up.  


Latest version.
  • Unless otherwise provided in an operating agreement, the affairs of a limited liability company may be wound up by the
            (1) members or managers who have authority under AS 10.50.110 to manage the company before dissolution; or
            (2) superior court on the application of a member of the company or the member's legal representative or assignee if
                 (A) a member or manager identified in (1) of this subsection has engaged in wrongful conduct; or
                 (B) other cause is shown.

Notes


History

(Sec. 1 ch 99 SLA 1994)