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Code · Alaska · Title 10 · Chapter 50

Sec. 10.50.165. Authorization for assignee to become member.

87 words·~1 min read·/ak/title-10/chapter-50/10-50-165

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Sec. 10.50.165. Authorization for assignee to become member.
(a)Unless otherwise provided in an operating agreement of the company, an assignee of a limited liability company interest may not become a member unless all other members consent.
(b)An operating agreement of the company may specify the manner for evidencing the consent required by
(a)of this section. If an operating agreement does not specify the manner for evidencing the consent, the consent is evidenced by a written instrument that is dated and signed by the members.
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