Alaska § 10.50.435 - Known claims against dissolved limited liability company.
Full text of Alaska Alaska Statutes § 10.50.435 — Known claims against dissolved limited liability company., with citation guidance and answers to common questions.
§ 10.50.435. Known claims against dissolved limited liability company.
(a) Upon dissolution, a limited liability company may dispose of the known claims against it by filing articles of dissolution under AS 10.50.430 and following the procedures described in this section.
(b) A dissolved limited liability company shall notify its known claimants in writing of the dissolution at any time after the effective date of dissolution. The written notice must (1) describe the information that must be included in the claim;
(2) provide a mailing address where the claim may be sent;
(3) state the deadline, which may not be fewer than 120 days after the later of the date of the written notice or the filing of articles of dissolution under AS 10.50.430 , for the company to receive the claim; and
(4) state that the claim is barred if it is not received by the company by the deadline.
(c) A claim against a limited liability company is barred if a claimant (1) who was given written notice under (b) of this section does not deliver the claim to the company by the deadline; or
(2) whose claim is rejected by the company does not begin a proceeding to enforce the claim within 90 days after the date of the rejection notice.
(d) In this section, “claim” does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.50.435
What does Alaska Statutes § 10.50.435 cover?
Section 10.50.435 ("Known claims against dissolved limited liability company.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 10.50.435?
A common citation format is "Alaska Statutes § 10.50.435" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 10.50.435 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.