10A-5A-7.03
Section 10A-5A-7.03 Right to wind up activities and affairs. (a) The person or persons designated
in the limited liability company agreement to wind up the activities and affairs of the dissolved
limited liability company shall wind up the activities and affairs of the limited liability
company in accordance with Section 10A-5A-7.02. If no person or persons are designated in
the limited liability company agreement to wind up the activities and affairs of the dissolved
limited liability company, then the remaining members of the dissolved limited liability company
shall wind up the activities and affairs of the limited liability company in accordance with
Section 10A-5A-7.02. If no person or persons are designated in the limited liability company
agreement to wind up the activities and affairs of the dissolved limited liability company
and there are no remaining members of the dissolved limited liability company, then all of
the holders of the transferable interests of the limited...
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10A-5A-11.13
Section 10A-5A-11.13 Other claims against dissolved series. Notwithstanding Sections 10A-1-9.01
and 10A-1-9.22: (a) A dissolved series may publish notice of its dissolution and request that
persons with claims against the dissolved series present them in accordance with the notice.
(b) The notice authorized by subsection (a) must: (1) be published at least one time in a
newspaper of general circulation in the county in which the limited liability company's principal
office is located or, if it has none in this state, in the county in which the limited liability
company's most recent registered office is located; (2) describe the information that must
be included in a claim and provide a mailing address to which the claim is to be sent; and
(3) state that if not sooner barred, a claim against the dissolved series will be barred unless
a proceeding to enforce the claim is commenced within two years after the publication of the
notice. (c) If a dissolved series publishes a newspaper...
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10A-8A-8.12
Section 10A-8A-8.12 Partnership name upon reinstatement. The name of a partnership following
the filing of a certificate of reinstatement shall be determined as follows: (a) if the partnership
is listed in the Secretary of State's records as a partnership that has been dissolved, then
the name of a partnership following reinstatement shall be that partnership name at the time
of reinstatement if that partnership name complies with Article 5 of Chapter 1 at the time
of reinstatement; and (b) if that partnership name does not comply with Article 5 of Chapter
1, the name of the partnership following reinstatement shall be that partnership name followed
by the word "reinstated." (Act 2018-125, §7.)...
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10A-5A-2.01
Section 10A-5A-2.01 Formation. (a) In order to form a limited liability company, one or more
organizers must execute a certificate of formation and deliver it for filing to the filing
officer provided for in subsection (e). Notwithstanding Section 10A-1-3.05, the certificate
of formation shall set forth: (1) the name of the limited liability company, which must comply
with Article 5 of Chapter 1; (2) the address of the registered office required by Article
5 of Chapter 1; (3) the name of the registered agent at the registered office required by
Article 5 of Chapter 1; (4) a statement that there is at least one member of the limited liability
company; (5) if applicable, a statement as provided in Section 10A-5A-11.02(b)(3); and (6)
any other matters the members determine to include therein. (b) A limited liability company
is formed when its certificate of formation becomes effective in accordance with Article 4
of Chapter 1. (c) The fact that a certificate of formation has been filed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-5A-2.01.htm - 2K - Match Info - Similar pages

10A-5A-11.11
Section 10A-5A-11.11 Right to wind up activities and affairs of series. (a) The person or persons
designated in the limited liability company agreement to wind up the activities and affairs
of the dissolved series shall wind up the activities and affairs of the dissolved series in
accordance with Section 10A-5A-11.10. If no person or persons are designated in the limited
liability company agreement to wind up the activities and affairs of the dissolved series,
then the remaining members associated with the dissolved series shall wind up the activities
and affairs of the dissolved series in accordance with Section 10A-5A-11.10. If no person
or persons are designated in the limited liability company agreement to wind up the activities
and affairs of the dissolved series and there are no remaining members associated with the
dissolved series, then all of the holders of the transferable interests associated with the
series, or their designee, shall wind up the activities and affairs of the...
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10A-8A-2.02
Section 10A-8A-2.02 Statement of partnership; statement of not for profit partnership. (a)
A partnership other than a partnership that has an effective statement of not for profit partnership
or an effective statement of limited liability partnership on file with the Secretary of State
may deliver to the Secretary of State for filing a statement of partnership for the purpose
of having its partnership agreement governed by the laws of this state in accordance with
Section 10A-8A-1.06(d) and providing notice of its existence in accordance with Section 10A-8A-1.03(d)(1).
A statement of partnership must contain all of the following: (1) the name of the partnership
which name must comply with Article 5 of Chapter 1; (2) the date that the partnership was
formed pursuant to, or became governed by, the laws of this state; (3) the street and mailing
address of its principal office; (4) the street and mailing address of a registered office
and the name of the registered agent at that office for...
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10A-5A-11.06
Section 10A-5A-11.06 Event causing dissociation of a member associated with a series. A person
is dissociated as a member associated with a series when any of the following occurs: (a)
the series has notice of the person's express will to dissociate from the series, except if
the person specifies a dissociation date later than the date the series had notice, then the
person is dissociated from the series on that later date; (b) an event stated in the limited
liability company agreement as causing the person's dissociation from the series occurs; (c)
the person is dissociated as a member of the limited liability company pursuant to Section
10A-5A-6.02; (d) the person is expelled as a member associated with that series pursuant to
the limited liability company agreement; (e) the person is expelled as a member associated
with the series by the unanimous consent of the other members associated with that series
if: (1) it is unlawful to carry on the series' activities and affairs with the...
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10A-5A-11.12
Section 10A-5A-11.12 Known claims against dissolved series. Notwithstanding Sections 10A-1-9.01
and 10A-1-9.21: (a) A dissolved series may dispose of any known claims against it by following
the procedures described in subsection (b), at any time after the effective date of the dissolution
of the series. (b) A dissolved series may give notice of the dissolution in a writing to the
holder of any known claim. The notice must: (1) identify the limited liability company and
the dissolved series; (2) describe the information required to be included in a claim; (3)
provide a mailing address to which the claim is to be sent; (4) state the deadline, which
may not be fewer than 120 days from the effective date of the notice, by which the dissolved
series must receive the claim; and (5) state that if not sooner barred, the claim will be
barred if not received by the deadline. (c) Unless sooner barred by any other statute limiting
actions, a claim against a dissolved series is barred: (1) If a...
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10A-8A-11.01
Section 10A-8A-11.01 Application to existing relationships. (a) Beginning January 1, 2019,
this chapter governs all partnerships and all foreign partnerships. (b) With respect to a
partnership formed before January 1, 2019, and governed by the laws of this state, the following
rules apply: (1) a registration of a limited liability partnership which is current and effective
as of December 31, 2018, shall remain effective without further action on the part of the
limited liability partnership, and a partnership having the status of a limited liability
partnership, under predecessor law, shall have the status of a limited liability partnership
under this chapter and to the extent such partnership has not filed a statement of limited
liability partnership pursuant to this chapter, the registration or latest annual notice filed
by such partnership under predecessor law shall constitute a statement of limited liability
partnership filed under this chapter; (2) a partnership's partnership...
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10A-8A-8.11
Section 10A-8A-8.11 Certificate of reinstatement. A partnership that has dissolved, has filed
a statement of dissolution, and is seeking to reinstate in accordance with Section 10A-8A-8.10,
shall deliver to the Secretary of State for filing a certificate of reinstatement in accordance
with the following: (a) A certificate of reinstatement shall be delivered to the Secretary
of State for filing. The certificate of reinstatement shall state: (1) the name of the partnership
before reinstatement; (2) the name of the partnership following reinstatement, which partnership
name shall comply with Section 10A-8A-8.12; (3) the date of formation of the partnership;
(4) the date of filing its statement of dissolution, and all amendments and restatements thereof,
and the office or offices where filed; (5) if the partnership has filed a statement of partnership,
a statement of not for profit partnership, a statement of authority, or a statement of limited
liability partnership, the unique...
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