Subject to AS 10.50.305 — 10.50.320, and unless otherwise provided in an operating agreement of the company, a member of a limited liability company shall be repaid the member's contribution to capital and shares equally in the profits and other assets of the company remaining after all liabilities, including liabilities to members, are satisfied.
AS 10.50.290
Repayment of contribution and sharing of profits and other assets
Known as the Alaska Revised Limited Liability Company Act
The act spans §§ 10–10 (147 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.