Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.50. ALASKA REVISED LIMITED LIABILITY COMPANY ACT. |
Article 10.50.11. DISSOLUTION. |
Section 10.50.410. Authority to wind up.
Latest version.
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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)