Alaska Stat. § 10.50.130
Current through Chapter 26 of the Legislative Session (excluding Chapter 21)
Unless otherwise provided in an operating agreement of the company, if a person is a member of a limited liability company that is managed by a manager and if the person is not a manager, the person does not have the fiduciary duty of a manager to the company or to the other members of the company when the person acts solely in the capacity of a member.
AS 10.50.130