{"data":{"id":"us-ak/as-10.50.415","jurisdiction":"us-ak","citation":"AS 10.50.415","heading":"Acts of winding up.","body":"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,\n(1) prosecute and defend court actions;\n(2) settle and close the affairs of the company;\n(3) dispose of and transfer the property of the company;\n(4) discharge the liabilities of the company; and\n(5) distribute to the members the assets of the company.","path":["Title 10. Corporations and Associations.","Chapter 50. Alaska Revised Limited Liability Company Act.","Article 11. Dissolution."],"source_url":"https://www.akleg.gov/basis/statutes.asp#10.50.415","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:39Z","sha256":"edc8acf76e8a73568077eb13f4684d888e360343467385014ab4c47ad1d5e744","source_id":"us-ak","stale":false,"prev":"us-ak/as-10.50.410","next":"us-ak/as-10.50.420"},"notice":"GroundRules: Original legal text. Not legal advice."}