Alaska Statutes Title 10, Chapter 10.50, Article 09 - Distributions

• Sec. 10.50.290 Repayment of Contribution and Sharing of Profits and Other Assets.
  Subject to AS 10.50.305 - 10.50.320, and unless otherwise provided in an operating agreement of the company, a member of a limited liability company...
• Sec. 10.50.295 Interim Distributions Under Operating Agreement.
  Subject to AS 10.50.305 - 10.50.320, if a limited liability company makes an interim distribution of its assets to its members, the company shall...
• Sec. 10.50.300 Interim Distributions Without Operating Agreement.
  Subject to AS 10.50.305 - 10.50.320, if an operating agreement of the company does not provide for the interim distribution of the assets of...
• Sec. 10.50.305 Restrictions on Distributions.
  (a) A distribution may not be made by a limited liability company if, after giving effect to the distribution,(1) the company would not be...
• Sec. 10.50.315 Additional Restrictions in Articles or Agreement.
  Nothing in this chapter prohibits additional restrictions upon the purchase or redemption of a company's own limited liability company interests by provision in the...
• Sec. 10.50.320 Liability of Members Receiving Prohibited Distributions; Suit Against Members.
  (a) A member of a limited liability company who receives a distribution prohibited by this chapter with knowledge of facts indicating the impropriety of...
• Sec. 10.50.330 Time for Interim Distributions.
  A member of a limited liability company is entitled to receive interim distributions under AS 10.50.295 - 10.50.300 at the times or upon the...
• Sec. 10.50.335 Distributions When a Person Ceases to Be a Member. [Repealed, Sec. 23 Ch 78 Sla 1997].
  Repealed or Renumbered
• Sec. 10.50.340 Distribution in Kind.
  (a) Unless otherwise provided in an operating agreement of the company, a member, regardless of the nature of the member's contribution, may not demand...
• Sec. 10.50.345 Right to Distribution.
  When a member of a limited liability company is entitled to receive a distribution from the company, the member is a creditor of the...
• Sec. 10.50.348 Inapplicability to Winding Up and Dissolution.
  AS 10.50.290 - 10.50.340 do not apply in a proceeding for winding up and dissolution of a limited liability company.

Last modified: November 15, 2016