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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person may become a member in a limited liability company if the person acquires a limited liability company interest
(1) directly from the limited liability company
(A) in compliance with an operating agreement of the company; or
(B) with the written consent of all of the members of the company if an operating agreement of the company does not provide for acquiring an interest directly from the company; or
(2) by assignment of the interest by a company member in compliance with AS 10.50.165.
(b) A limited liability company must have one or more members.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.50.155. Membership requirements - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-50-155/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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