{"data":{"id":"us-ak/as-10.50.350","jurisdiction":"us-ak","citation":"AS 10.50.350","heading":"Ownership of company property.","body":"(a) Property transferred to or otherwise acquired by a limited liability company is the property of the company and is not the property of the members individually.\n(b) A limited liability company shall acquire, hold, and convey property, including real property, in the name of the company. If a limited liability company acquires an interest in property, the company holds the title to the interest and not the members individually.","path":["Title 10. Corporations and Associations.","Chapter 50. Alaska Revised Limited Liability Company Act.","Article 10. Ownership and Transfer of Property; Creditors."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.50.350","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"26ccf37f911de09b424fa971d3905f8cb911d18f86b70e637ccb63747366e392","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.50.348","next":"us-ak/as-10.50.355"},"notice":"GroundRules: Original legal text. Not legal advice."}