(a) Except as provided in (b) of this section, a limited liability company may transfer the property of the company if the company uses an instrument of transfer signed by a member of the company in the name of the company.
(b) If the company is managed by a manager,
(1) title to limited liability company property may be transferred by an instrument of transfer signed by a manager of the company in the name of the company; and
(2) a member, solely by reason of being a member, does not have the authority to transfer the property of the company.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 50. Alaska Revised Limited Liability Company Act
Article 10. Ownership and Transfer of Property; Creditors.
Sec. 10.50.350. Ownership of company property.
Sec. 10.50.355. Transfer of property.
Sec. 10.50.360. Recovery of property.
Sec. 10.50.370. Nature of interest in company.
Sec. 10.50.375. Assignment of interest in company.
Sec. 10.50.380. Rights of judgment creditors.
Sec. 10.50.385. Rights of estate or legal representative of deceased or incompetent member.