Alaska Statutes Title 10, Chapter 10.50, Article 05 - Management

• Sec. 10.50.110 Management Generally.
  (a) Except as otherwise provided in the company's articles of organization, the members of a limited liability company manage the affairs and make the...
• Sec. 10.50.115 Appointment, Removal, and Replacement of Managers.
  Except as otherwise provided in an operating agreement of a limited liability company, a manager of the company may not be appointed, removed, or...
• Sec. 10.50.120 Eligibility and Number of Managers.
  Unless otherwise provided in an operating agreement of the company, a manager of a limited liability company may be a person who is not...
• Sec. 10.50.125 Tenure of Manager.
  (a) Unless otherwise provided in an operating agreement of the company, a manager of a limited liability company holds office until the manager's successor...
• Sec. 10.50.130 Limitation of Member Fiduciary Duty.
  Unless otherwise provided in an operating agreement of the company, if a person is a member of a limited liability company that is managed...
• Sec. 10.50.135 Duty of Care.
  (a) A person who is a manager or a managing member of a limited liability company shall perform the duties of management in good...
• Sec. 10.50.140 Conflicts of Interest.
  (a) A contract or other transaction between a limited liability company and a manager or managing member of a limited liability company, or between...
• Sec. 10.50.145 Loans to Managers, Managing Members, and Employees.
  (a) A loan may not be extended by a limited liability company to an employee without authorization by the company's managers or managing members....
• Sec. 10.50.148 Indemnification of Managers, Managing Members, Employees, and Agents; Insurance.
  (a) A limited liability company may indemnify a person who was, is, or is threatened to be made a party to a completed, pending,...
• Sec. 10.50.150 Authorization of Company Affairs.
  (a) Unless otherwise provided in an operating agreement of the company, the company's articles of organization, or by this chapter, if the company is...

Last modified: November 15, 2016