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AS 10.50.095

Operating agreement

Known as the Alaska Revised Limited Liability Company Act

The act spans §§ 10–10 (147 sections).

The members of a limited liability company may adopt an operating agreement for the company and may amend and repeal the agreement. The articles of organization may restrict or eliminate the power of the members to adopt, amend, or repeal an operating agreement.

Article 4. Amendment and Restatement of Articles.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.