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AS 10.50.115

Appointment, removal, and replacement of managers

Known as the Alaska Revised Limited Liability Company Act

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

Except as otherwise provided in an operating agreement of a limited liability company, a manager of the company may not be appointed, removed, or replaced, unless more than one-half of all of the members of the company authorize the appointment, removal, or replacement.

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