Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 10.50.155 - Membership requirements(a) A person may become a member in a limited liability company if the person acquires a limited liability company interest (1) directly from the limited liability company(A) in compliance with an operating agreement of the company; or(B) with the written consent of all of the members of the company if an operating agreement of the company does not provide for acquiring an interest directly from the company; or(2) by assignment of the interest by a company member in compliance with AS 10.50.165.(b) A limited liability company must have one or more members.