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Alaska Statutes Title 10. Corporations and Associations § 10.50.415. Acts of winding up

Current as of January 01, 2025 | Updated by Findlaw Staff

Unless otherwise provided in an operating agreement of the company, a person winding up the affairs of a limited liability company may, in the name of, and for and on behalf of, the company,

(1) prosecute and defend court actions;

(2) settle and close the affairs of the company;

(3) dispose of and transfer the property of the company;

(4) discharge the liabilities of the company; and

(5) distribute to the members the assets of the company.

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Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.50.415. Acts of winding up - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-50-415/

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