(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.
Section: 10.50.155 10.50.160 10.50.165 10.50.170 10.50.180 10.50.185 10.50.190 10.50.195 10.50.205 10.50.210 10.50.215 10.50.220 10.50.225 10.50.240 NextLast modified: November 15, 2016