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§ 10-50-345 — 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 9 - Distributions.sec. 10.50.290. Repayment of Contribution and Sharing of Profits and Other Assets/
  7. § 10-50-345
Alaska Legal Code

§ 10-50-345

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When a member of a limited liability company is entitled to receive a distribution from the company, the member is a creditor of the company with respect to the distribution, and is entitled to all remedies available to a creditor of the company.