GroundRules
AS 10.50.415: Acts of winding 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 of the company, a person winding up the affairs of a limited liability company may, in the name of, and for and on behalf of, the company,
(1) prosecute and defend court actions;
(2) settle and close the affairs of the company;
(3) dispose of and transfer the property of the company;
(4) discharge the liabilities of the company; and
(5) distribute to the members the assets of the company.
Collected 2026-09-02T06:16:39Z. Source file · JSON