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13 chapters · 986 sections in this title.
AS 10.50.320 Liability of members receiving prohibited distributions; suit against members.
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(a) A member of a limited liability company who receives a distribution prohibited by this chapter with knowledge of facts indicating the impropriety of the distribution is liable to the company for the benefit of all of the creditors or members entitled to institute an action un…
AS 10.50.330 Time for interim distributions.
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A member of a limited liability company is entitled to receive interim distributions under AS 10.50.295 10.50.300 at the times or upon the happening of the events specified in an operating agreement of the company, or at the times determined by the members or managers under AS …
AS 10.50.335 Distributions when a person ceases to be a member. [Repealed, § 23 ch 78 SLA 1997.]
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[Repealed or reserved.]
AS 10.50.340 Distribution in kind.
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(a) Unless otherwise provided in an operating agreement of the company, a member, regardless of the nature of the member's contribution, may not demand and receive a distribution from a limited liability company in a form other than cash. (b) Unless otherwise provided in an opera…