Understanding Alaska LLC Laws

Alaska LLC Formation Statute

The following LLC Formation statutes are from theAlaska Revised Limited Liability Company Act:

Section.10.50.075.CONTENTS OF ARTICLES OF ORGANIZATION.

The articles of organization must state:

(1) the name of the limited liability company;

(2) the mailing address of the company's registered office and the name

and business, residence, or mailing address of the company's registered agent;

(3) if an election has been made that the existence of the company will

continue until a certain date or event, a statement of the election and the date or event;

(4) if applicable, that the company will be managed by the persons

named as managers in the articles; and

(5) another provision that is consistent with this chapter and the laws

of this state and that the persons organizing the company elect to state in the articles of organization for the regulation of the internal affairs of the company.

What This Means: Key Takeaways*

阿拉斯加LLC statute provides the requirements for setting up (or forming) an LLC. The State of Alaska offersonlineandhard copyLLC filing to meet these requirements.

Required Information for Alaska LLC Formation:

• LLC’s name (Must meetAlaska LLC naming requirements)
• LLC principal office’s street and mailing address
• Registered agent’s name and Alaska registered office street address
• If known, provide the dissolution date (end date of the LLC)
• If the LLC will bemanaged by manager(s), indicate this and name the managers

Optional Information for Alaska LLC Formation:

• LLC organizers can add their own provisions as long as the provisions don’t conflict with LLC statute.

Recommended:For help with completing the LLC formation forms, visit ourAlaska LLC Articles of Organizationguide.

Alaska LLC Registered Agent Statute

The following registered agent statutes are from theAlaska Revised Limited Liability Company Act:

Section10.50.055Registered office and registered agent.

A limited liability company shall continuously maintain in this state a registered agent and a registered office. The registered office may be the same as the office of the company. The registered agent may be either an individual resident of this state whose business office is the same as the registered office, or a domestic or foreign corporation authorized to transact business in this state whose business office is the same as the registered office.

What This Means: Key Takeaways*

Aregistered agent’sjob is to acceptservice of process(legal summons to a lawsuit).

An Alaska registered agent must:

• Maintain a registered office in Alaska (i.e., no P.O. boxes)
• Be an individual, an Alaska corporation or LLC, or foreign corporation or LLC with a business address that is the same as the registered office address

What This Means: Key Takeaways*

AnLLC operating agreementallows LLC members to create rules for how their unique LLC operates. These rules are often called “terms” or “provisions.”

Operating agreements are limited by state statute. For example, if the statute says LLC members can’t dissolve an LLC without all members agreeing, LLC members can’t change or override the statute with an operating agreement.

When an operating agreement is in place, it’s easier to navigate situations involving the operation of the LLC. And, if a lawsuit or dispute arises, LLC members (or the courts) have something to reference.

If a dispute arises that can’t be resolved by LLC members and there isn’t an operating agreement, the courts will use LLC statute to resolve disputes.

Creating an Operating Agreement

Some LLCs, such as professional LLCs or real estate LLCs, might need unique terms, while others might only need to cover standard provisions:

• Each member’s responsibilities
• How new members will be admitted
• How existing members may transfer or terminate their membership
• How profits and dividends will be distributed
• The process for amending the operating agreement

Use our118bet官网 or learn more with ourWhat Is an Operating Agreementguide.

Alaska LLC biennial report Statute

The following biennial report statutes are from theAlaska Revised Limited Liability Company Act:

Section10.50.755Contents of biennial report.

A biennial report must set out

(1) the name of the company and the state or country where it is organized;

(2) the address of the registered office of the company in this state, and the name of its registered agent in this state at that address, and, in the case of a foreign limited liability company, the address of its principal office in the state or country where it is organized;

(3) the names and addresses of the managers of the company, or, if the company is not managed by a manager, the names and addresses of the members of the company;

(4) the name and address of each person owning at least a five percent interest in the company and the percentage of interest owned by that person in the company.

Section10.50.760两年一次的报告的归档。

(一)两年一次的报告要求10.50.750沙ll be filed with the department and is due before January 2 of the filing year. A limited liability company filing articles of organization and a foreign limited liability company registering during an even-numbered year shall file the biennial report each even-numbered year. A limited liability company filing articles of organization and a foreign limited liability company registering during an odd-numbered year shall file the biennial report each odd-numbered year. The biennial report is delinquent if not filed before February 1 of each odd- or even-numbered year as provided in this section.

(b) Proof to the satisfaction of the department that on or before February 1 the report was deposited in the United States mail in a sealed envelope, properly addressed with postage prepaid, is compliance with (a) of this section.

(c) The department shall file the report if it conforms to the requirements of this chapter. If the department finds that the report does not conform to the requirements of this chapter, the report shall promptly be returned to the company for necessary corrections.

(d) Upon receipt of a form from the department, a limited liability company shall file a biennial report within six months after original organization.

What This Means: Key Takeaways*

You canfile your Alaska biennial report online.

Your Alaska LLC biennial report must state the following information (and must be current as of the date of filing):

• The name of the LLC
• The state or country where it was organized
• The registered agent’s name and street address
• The name, title, and address of the members and managers
• The name and address of anyone owning 5% or more of the company

Biennial Report Due Dates:

• Biennial reports are due by January 1 of the filing year. If the LLC was made effective in an even-numbered year, then the report is due each even-numbered year. The report is delinquent if not filed by February 1.