Alaska Stat. § 10.50.260
This is the official text of Alaska Stat. § 10.50.260, part of Alaska’s Stat — part of the compiled statutory law of Alaska, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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Limited liability company charged with knowledge of or notice to member or manager.
Official statutory text
(a) Except as provided in (b) and (c) of this section, and except for a fraud on the company committed by or with the consent of the member who has the knowledge or receives the notice, the following operate as notice to or knowledge of a limited liability company: (1) notice given to a company member of a matter relating to the affairs of the company;
(2) the knowledge of a company member acting in the particular matter, whether acquired while a member or known at the time of becoming a member; and
(3) the knowledge of a company member who reasonably could and should have communicated the knowledge to a member acting in the particular matter.
(b) If the company is managed by a manager, the following operate as notice to or knowledge of a limited liability company, except for a fraud on the company committed by or with the consent of the manager who has the knowledge or receives the notice: (1) notice given to a manager of a matter relating to the affairs of the limited liability company;
(2) the knowledge of the manager acting in the particular matter, acquired while a manager or known at the time of becoming a manager; and
(3) the knowledge of a company manager who reasonably could and should have communicated the knowledge to the manager acting in the particular matter.
(c) If the company is managed by a manager, notice to, or the knowledge of, a member of a limited liability company while the member is acting solely in the capacity of a member does not operate as notice to or knowledge of the company.
(2) the knowledge of a company member acting in the particular matter, whether acquired while a member or known at the time of becoming a member; and
(3) the knowledge of a company member who reasonably could and should have communicated the knowledge to a member acting in the particular matter.
(b) If the company is managed by a manager, the following operate as notice to or knowledge of a limited liability company, except for a fraud on the company committed by or with the consent of the manager who has the knowledge or receives the notice: (1) notice given to a manager of a matter relating to the affairs of the limited liability company;
(2) the knowledge of the manager acting in the particular matter, acquired while a manager or known at the time of becoming a manager; and
(3) the knowledge of a company manager who reasonably could and should have communicated the knowledge to the manager acting in the particular matter.
(c) If the company is managed by a manager, notice to, or the knowledge of, a member of a limited liability company while the member is acting solely in the capacity of a member does not operate as notice to or knowledge of the company.
Status: in_force · Read it on the official government site
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