Alaska Stat. § 10.50.990
This is the official text of Alaska Stat. § 10.50.990, 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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Definitions.
Official statutory text
In this chapter, unless the context indicates otherwise, (1) articles of organization means the articles of organization filed under AS 10.50.070 and the articles as amended or restated;
(2) commissioner means the commissioner of commerce, community, and economic development;
(3) consolidation means a consolidation authorized by AS 10.50.500 ;
(4) corporation means a corporation organized under the laws of this or another state, or of this or another country;
(5) department means the Department of Commerce, Community, and Economic Development;
(6) filed, unless expressly provided otherwise, means filed with the department;
(7) foreign limited liability company means an organization that is (A) not incorporated;
(B) organized under the law of a state other than this state, or under the law of a foreign country;
(C) organized under a statute that affords to each of its members limited liability regarding the liabilities of the organization; and
(D) not required to be registered under a statute of this state other than this chapter;
(8) interim distribution means a distribution of the assets of a limited liability company to the company's members, except as provided under AS 10.50.425 ;
(9) know means to have actual knowledge or to know other facts that demonstrate bad faith in the circumstances; this definition applies also to the derivatives of know, including known, unknown, and knowledge;
(10) limited liability company or domestic limited liability company means an organization organized under this chapter;
(11) limited liability company interest means an interest in a limited liability company issued under AS 10.50.275 ;
(12) limited partnership means a limited partnership organized under AS 32.11 or under the law of another state or a foreign country;
(13) manager means a person who manages a limited liability company, if the articles of organization provide that the company is managed by a manager;
(14) managing member means a member of a limited liability company if the company's articles of organization do not provide that the company is managed by a manager;
(15) member means a person who has been admitted to membership in a limited liability company under AS 10.50.155 10.50.160 and whose membership has not ended under AS 10.50.180 10.50.185 or 10.50.205 10.50.225;
(16) merger means a merger authorized by AS 10.50.500 ;
(17) operating agreement means a written agreement among all of the members of a limited liability company about conducting the affairs of the company;
(18) professional service has the meaning given in AS 10.45.500 ;
(19) property includes cash;
(20) state means a state, territory, or possession of the United States, and includes the District of Columbia, the Commonwealth of Puerto Rico, the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, and the Trust Territory of the Pacific Islands.
(2) commissioner means the commissioner of commerce, community, and economic development;
(3) consolidation means a consolidation authorized by AS 10.50.500 ;
(4) corporation means a corporation organized under the laws of this or another state, or of this or another country;
(5) department means the Department of Commerce, Community, and Economic Development;
(6) filed, unless expressly provided otherwise, means filed with the department;
(7) foreign limited liability company means an organization that is (A) not incorporated;
(B) organized under the law of a state other than this state, or under the law of a foreign country;
(C) organized under a statute that affords to each of its members limited liability regarding the liabilities of the organization; and
(D) not required to be registered under a statute of this state other than this chapter;
(8) interim distribution means a distribution of the assets of a limited liability company to the company's members, except as provided under AS 10.50.425 ;
(9) know means to have actual knowledge or to know other facts that demonstrate bad faith in the circumstances; this definition applies also to the derivatives of know, including known, unknown, and knowledge;
(10) limited liability company or domestic limited liability company means an organization organized under this chapter;
(11) limited liability company interest means an interest in a limited liability company issued under AS 10.50.275 ;
(12) limited partnership means a limited partnership organized under AS 32.11 or under the law of another state or a foreign country;
(13) manager means a person who manages a limited liability company, if the articles of organization provide that the company is managed by a manager;
(14) managing member means a member of a limited liability company if the company's articles of organization do not provide that the company is managed by a manager;
(15) member means a person who has been admitted to membership in a limited liability company under AS 10.50.155 10.50.160 and whose membership has not ended under AS 10.50.180 10.50.185 or 10.50.205 10.50.225;
(16) merger means a merger authorized by AS 10.50.500 ;
(17) operating agreement means a written agreement among all of the members of a limited liability company about conducting the affairs of the company;
(18) professional service has the meaning given in AS 10.45.500 ;
(19) property includes cash;
(20) state means a state, territory, or possession of the United States, and includes the District of Columbia, the Commonwealth of Puerto Rico, the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, and the Trust Territory of the Pacific Islands.
Status: in_force · Read it on the official government site
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