Unless otherwise provided in an operating agreement of the company, when an assignee of a member's limited liability company interest becomes a member of the company with respect to the assignor's entire interest, the assignor ceases to be a member or to have the power to exercise the rights of a member.
Rights of assignor when assignee becomes a member.
AS 10.50.180, under Alaska Revised Limited Liability Company Act..
AS 10.50.180