Alaska Statutes.
Title 10. Corporations and Associations
Chapter 50. Alaska Revised Limited Liability Company Act
Section 210. Effect of Death or Incompetency On Membership.
previous: Section 205. Removal of Member.
next: Section 215. Termination of Membership Held By Trust, Trustee, or Estate.

AS 10.50.210. Effect of Death or Incompetency On Membership.

Unless otherwise provided in an operating agreement or by the written consent of all of the members at the time, the membership of a member of a limited liability company who is an individual terminates if the member dies, or if a court of competent jurisdiction enters an order adjudicating the member incompetent to manage the member's person or property.

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