The members of a limited liability company may adopt an operating agreement for the company and may amend and repeal the agreement. The articles of organization may restrict or eliminate the power of the members to adopt, amend, or repeal an operating agreement.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 50. Alaska Revised Limited Liability Company Act
Article 3. Organization and Operating Agreement.
Sec. 10.50.075. Contents of articles of organization.
Sec. 10.50.078. Disclosure of company activities.
Sec. 10.50.080. Effective date of organization.