Limited Liability Companies – Alaska

By | February 6, 2008

Address of state office for filing:
Alaska Department of Commerce, Community, and Economic Development
Corporations Section
Box 110808
Juneau AK 99811-0808

Telephone: (907) 465-2530
State web address: http://www.state.ak.us/
State law reference: Alaska Statutes, Chapter 10.50.
Title of filing: Articles of Organization.
Filing Fee: $250
Name requirements: The official name must contain the words “limited liability company” or the abbreviation “LLC” or
“L.L.C.” The word “Limited” may be abbreviated to “Ltd.” and the word “Company” may be abbreviated to “Co.” In addition, the name may not contain the words “city,” “borough,” “village” or imply that the company is a municipality, but the name of a city, borough, or village may be used in the company name. (Section 10.50.020). A company name may be reserved for 120 days for a fee of $25. (Section 10.50.035).
Organizer requirements: A limited liability company may be organized by one person. The organizer need not be a natural person, nor a member. (Section 10.50.070).
Articles of Organization requirements: Articles of Organization must contain the following: (1) name of company, (2) company purpose, (3) registered agent name and office address, (4) duration of company, (5) whether company will be managed by a manager, and (6) any additional matters. Past and future contributions, the identity of those who manage the company, the company’s power to continue business, and the limited liability company’s power to avoid dissolution need not be stated. (Section 10.50.075).
Annual report requirement: Yes, however, the report is biennial, not annual. (Section 10.50.750).
Publication requirement: No.
Effective date of limited liability company organization: On the date of official approval of Articles of Organization, the company becomes a legal entity and the members are shielded from personal liability. (Section 10.50.080). Membership requirements: Minimum required is one. May be a natural person or a business entity. (Section 10.50.155). Other provisions: Articles of Organization must include a statement of codes from the NAICS Codes for Business Activity for the State of Alaska describing business type.