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Code · Alaska · Title 10 · Chapter 50

Sec. 10.50.400. Dissolution.

72 words·~1 min read·/ak/title-10/chapter-50/10-50-400

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Sec. 10.50.400. Dissolution.
A limited liability company is dissolved and its affairs shall be wound up when the first of the following occurs:
(1)at the time or on the happening of events specified for dissolution in an operating agreement of the company;
(2)all of the members of the company consent in writing; or
(3)the superior court enters a decree for judicial dissolution of the company under AS 10.50.405 .
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