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AS 10.50.385

Rights of estate or legal representative of deceased or incompetent member

Known as the Alaska Revised Limited Liability Company Act

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

If a member who is an individual dies or if a court of competent jurisdiction determines the member to be incompetent to manage the member's person or property, the member's executor, administrator, guardian, conservator, or other legal representative has the rights of an assignee of the member's interest, if the member's interest has not been terminated.

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