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Current as of January 01, 2025 | Updated by Findlaw Staff
A person who is a member of a limited liability company or a foreign limited liability company is not liable, solely by reason of being a member, under a judgment, decree, or order of a court, or in another manner, for a liability of the company to a third party, whether the liability arises in contract, tort, or another form, or for the acts or omissions of another member, manager, agent, or employee of the company to a third party.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.50.265. Liability of members to third parties - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-50-265/
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