Alaska Statutes Sec. 10.50.210 - Effect of Death or Incompetency on Membership

Unless otherwise provided in an operating agreement or by the written consent of all of the members at the time, the membership of a member of a limited liability company who is an individual terminates if the member dies, or if a court of competent jurisdiction enters an order adjudicating the member incompetent to manage the member's person or property.

Section: Previous  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    Next

Last modified: November 15, 2016