GroundRules
AS 10.50.410: Authority to wind up.
Where this section sits in the code
- Title 10. Corporations and Associations.
- Chapter 50. Alaska Revised Limited Liability Company Act.
- Article 11. Dissolution.
Unless otherwise provided in an operating agreement, the affairs of a limited liability company may be wound up by the
(1) members or managers who have authority under AS 10.50.110 to manage the company before dissolution; or
(2) superior court on the application of a member of the company or the member's legal representative or assignee if
(A) a member or manager identified in (1) of this subsection has engaged in wrongful conduct; or
(B) other cause is shown.
Collected 2026-09-02T06:16:39Z. Source file · JSON