Alaska Stat. § 10.50.350
This is the official text of Alaska Stat. § 10.50.350, 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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Ownership of company property.
Official statutory text
(a) Property transferred to or otherwise acquired by a limited liability company is the property of the company and is not the property of the members individually.
(b) A limited liability company shall acquire, hold, and convey property, including real property, in the name of the company. If a limited liability company acquires an interest in property, the company holds the title to the interest and not the members individually.
(b) A limited liability company shall acquire, hold, and convey property, including real property, in the name of the company. If a limited liability company acquires an interest in property, the company holds the title to the interest and not the members individually.
Status: in_force · Read it on the official government site
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