An Alaska Multi-Member LLC Operating Agreement compiles a written register for an LLC owned by more than one member to define the expectations and regulations concerning how specific company actions will be carried out. The contract identifies the owning parties, each member’s respective percentage of ownership interest, and individual contribution amounts. Member rights and responsibilities can also be confirmed for reference to determine how company meetings will be conducted. Alaska does not necessitate filing an LLC operating agreement with the state, but utilizing the form to arrange the handling of company matters can further serve to reinforce mutual understanding and accountability among owners.