2011 Alaska Statutes
Title 10. CORPORATIONS AND ASSOCIATIONS
Chapter 10.50. ALASKA REVISED LIMITED LIABILITY COMPANY ACT
Sec. 10.50.110. Management generally.
(a) Except as otherwise provided in the company's articles of organization, the members of a limited liability company manage the affairs and make the decisions of the company. Management by the members is subject to a provision in an operating agreement or this chapter limiting or increasing the management rights and duties of the members, including limits or increases placed on a class of members or an individual member.
(b) If a limited liability company is managed by a manager, the manager has the exclusive power to manage the affairs of the company to the extent authorized by the operating agreement.
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