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§ 10-50-180 — 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 6 - Membership.sec. 10.50.155. Membership Requirements/
  7. § 10-50-180
Alaska Legal Code

§ 10-50-180

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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.