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Alaska Statutes.
Title 10. Corporations and Associations
Chapter 50. Alaska Revised Limited Liability Company Act
Section 400. Dissolution.
previous: Section 390. Rights of Dissolved or Terminated Entity.
next: Section 405. Dissolution By Court.

AS 10.50.400. Dissolution.

A limited liability company is dissolved and its affairs shall be wound up when the first of the following occurs:

(1) at the time or on the happening of events specified for dissolution in an operating agreement of the company;

(2) all of the members of the company consent in writing; or

(3) the superior court enters a decree for judicial dissolution of the company under AS 10.50.405 .


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Last modified 9/3/2005