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§ 10-50-355 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 10 - Corporations and Associations/
  5. Chapter 50 - Alaska Revised Limited Liability Company Act/
  6. Article 10 - Ownership and Transfer of Property; Creditors.sec. 10.50.350. Ownership of Company Property/
  7. § 10-50-355
Alaska Legal Code

§ 10-50-355

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(a) Except as provided in (b) of this section, a limited liability company may transfer the property of the company if the company uses an instrument of transfer signed by a member of the company in the name of the company. (b) If the company is managed by a manager, (1) title to limited liability company property may be transferred by an instrument of transfer signed by a manager of the company in the name of the company; and (2) a member, solely by reason of being a member, does not have the authority to transfer the property of the company.