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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 50. Alaska Revised Limited Liability Company Act
Section 300. Interim Distributions Without Operating Agreement.
previous: Section 295. Interim Distributions Under Operating Agreement.
next: Section 305. Restrictions On Distributions.

AS 10.50.300. Interim Distributions Without Operating Agreement.

Subject to AS 10.50.305 - 10.50.320, if an operating agreement of the company does not provide for the interim distribution of the assets of the company, when a limited liability company makes an interim distribution of its assets, the interim distributions to each member of the company shall be equal.


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Last modified 9/3/2005