Sec. 10.50.170. Rights, powers, and liabilities of assignee who becomes a member.
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Sec. 10.50.170. Rights, powers, and liabilities of assignee who becomes a member.
(a)An assignee who becomes a member has, to the extent assigned, the rights and powers of a member under the articles of organization, an operating agreement, and this chapter, and is subject to the restrictions and liabilities of a member under the articles of organization, an operating agreement, and this chapter.
(b)In addition to the liabilities imposed under
(a)of this section, an assignee of a limited liability company interest who becomes a member of the company is liable for an obligation of the assignor to make a contribution under AS 10.50.280 that is not imposed by the articles of organization, an operating agreement, or otherwise by this chapter.
(c)Notwithstanding
(a)and
(b)of this section, an assignee who becomes a member is not liable for liabilities that are unknown to the assignee when the assignee becomes a member and that cannot be determined from the written records of the company maintained under AS 10.50.860 .