Alaska Statutes 10.50.300 – Interim distributions without operating agreement
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 10.50.300
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Subject to Alaska Stat. § 10.50.305 – 10.50.320, if an operating agreement of the company does not provide for the interim distribution of the assets of the company, when a limited liability company makes an interim distribution of its assets, the interim distributions to each member of the company shall be equal.