An Alasksa LLC operating agreement is a legally binding document between the members (owners) of a company establishing its terms for day-to-day operations. Also known as a “company agreement,” it establishes how a company is owned, its officers, registered agent, meetings (when and where), and the responsibility of each individual.
Once signed, an operating agreement becomes legally binding and may only be changed by a signed amendment.
Is it Required in Alaska?
No, an operating agreement is not required under state statute.
By Type (2)
Single-Member LLC Operating Agreement – To make an agreement for a company with only 1 owner.
Multi-Member LLC Operating Agreement – To establish the terms and conditions of a company with 2 or more members.
State Definition
“operating agreement” means a written agreement among all of the members of a limited liability company about conducting the affairs of the company;
