10A-9A-5.08
Section 10A-9A-5.08 Limitations on distribution and liability for improper distributions. (a)
A limited partnership shall not make a distribution to a partner to the extent that at the
time of the distribution, after giving effect to the distribution, all liabilities of the
limited partnership, other than liabilities to partners on account of their transferable interests
and liabilities for which the recourse of creditors is limited to specific property of the
limited partnership, exceed the fair value of the assets of the limited partnership, except
that the fair value of the property that is subject to a liability for which recourse of creditors
is limited shall be included in the assets of the limited liability partnership only to the
extent that the fair value of the property exceeds that liability. (b) A general partner who
consents to a distribution in violation of subsection (a) or the partnership agreement, and
who knew at the time of the distribution that the distribution...
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7-9A-628
Section 7-9A-628 Nonliability and limitation on liability of secured party; liability of secondary
obligor. (a) Limitation of liability of secured party for noncompliance with article. Unless
a secured party knows that a person is a debtor or obligor, knows the identity of the person,
and knows how to communicate with the person: (1) the secured party is not liable to the person,
or to a secured party or lienholder that has filed a financing statement against the person,
for failure to comply with this article; and (2) the secured party's failure to comply with
this article does not affect the liability of the person for a deficiency. (b) Limitation
of liability based on status as secured party. A secured party is not liable because of its
status as secured party: (1) to a person that is a debtor or obligor, unless the secured party
knows: (A) that the person is a debtor or obligor; (B) the identity of the person; and (C)
how to communicate with the person; or (2) to a secured party or...
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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-8A-10.02
Section 10A-8A-10.02 Special rules for limited liability partnerships performing professional
services. (a) A limited liability partnership shall have the power to render professional
services if it complies with the rules of the licensing authority for such profession. (b)
Every individual who renders professional services as a partner or as an employee of a limited
liability partnership shall be liable for any negligent or wrongful act or omission in which
the individual personally participates to the same extent the individual would be liable if
the individual rendered the services as a sole practitioner. (c) Except as otherwise provided
in subsection (b), the personal liability of a partner of any limited liability partnership
engaged in providing professional services shall be governed by Section 10A-8A-3.06. (d) The
personal liability of a partner or employee of a foreign limited liability partnership engaged
in providing professional services shall be determined under the law of...
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45-10-180.01
Section 45-10-180.01 County roads - Permit for certain activities; fines and liability. (a)
In Cherokee County, any person or entity engaged in construction, excavation, or similar activity
resulting in the cutting across or going under a county road or county right-of-way shall
obtain a permit from the county commission. The issuance of the permit by the county commission
shall be conditioned on the person or entity posting a bond in an amount to be set by the
county commission sufficient to cover the costs of the repair of any damage to the county
road or county right-of-way from the activity. The county commission may set a reasonable
fee not to exceed one hundred dollars ($100) for the issuance of a permit pursuant to this
section which shall be deposited in the county road and bridge fund. (b) Any person or entity
which fails to obtain a permit required by this section shall be subject to a civil fine in
an amount up to ten thousand dollars ($10,000) which shall be set by the...
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11-50-409
Section 11-50-409 Liability upon bonds, etc.; payment of bonds. The bonds and other obligations
of any district incorporated under this article shall not be a debt or obligation of the State
of Alabama nor a debt or obligation of any municipality which is a member of the district;
and neither the state nor any such municipality shall be liable in any way whatsoever thereon,
nor may the holder of any such bonds or obligations compel the levy of any taxes for the payment
thereof. Said bonds shall not be payable out of any funds other than the revenues of the gas
system or systems of the district issuing the same, and each bond shall contain a recital
to that effect. Neither the members of the board of directors nor any person executing said
bonds shall be liable personally on said bonds by reason of the issuance thereof. (Acts 1951,
No. 762, p. 1319, §10.)...
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35-8A-304
Section 35-8A-304 Transfer of special declarant rights. (a) No special declarant right specified
in Section 35-8A-103(24) created or reserved under this chapter may be transferred except
by an instrument evidencing the transfer recorded in every county in which any portion of
the condominium is located. The instrument is not effective unless executed by the transferor
and the transferee in the same formality as a conveyance of real property. (b) Upon transfer
of any special declarant right, the liability of a transferor declarant is as follows: (1)
A transferor is not relieved of any obligation or liability arising before the transfer and
remains liable for warranty obligations imposed upon him or her by this chapter. Lack of privity
does not deprive any unit owner of standing to maintain an action to enforce any obligation
of the transferor. (2) If a successor to any special declarant right is an affiliate of a
declarant specified in Section 35-8A-103(1), the transferor is jointly and...
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45-2-84.14
Section 45-2-84.14 Transport of eligible persons; participants not deemed government agents
or employees. The Baldwin County Commission, its employees and agents, the Baldwin County
Sheriff's Office, its agents and employees, or the Baldwin County Community Corrections Center,
its agents or employees, may transport eligible persons to any job site within the county
at the expense of the eligible person and shall not be liable for any damage or injury caused
to the eligible person during the transportation. No eligible person in any programs pursuant
to this part shall be deemed an agent or employee of the board, state, county, or sheriff
while participating in programs under this part or while going to and from places of employment
or other areas specified while in the program. (Act 2005-135, p. 229, §15.)...
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7-5-111
Section 7-5-111 Remedies. (a) If an issuer wrongfully dishonors or repudiates its obligation
to pay money under a letter of credit before presentation, the beneficiary, successor, or
nominated person presenting on its own behalf may recover from the issuer the amount that
is the subject of the dishonor or repudiation. If the issuer's obligation under the letter
of credit is not for the payment of money, the claimant may obtain specific performance or,
at the claimant's election, recover an amount equal to the value of performance from the issuer.
In either case, the claimant may also recover incidental but not consequential damages. The
claimant is not obligated to take action to avoid damages that might be due from the issuer
under this subsection. If, although not obligated to do so, the claimant avoids damages, the
claimant's recovery from the issuer must be reduced by the amount of damages avoided. The
issuer has the burden of proving the amount of damages avoided. In the case of...
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34-24-533
Section 34-24-533 Organization and operation of the interstate commission. (a) The interstate
commission, by a majority of commissioners present and voting, shall adopt bylaws to govern
its conduct as may be necessary or appropriate to carry out the purposes of the compact within
12 months of the first interstate commission meeting. (b) The interstate commission shall
elect or appoint annually from among its commissioners a chairperson, a vice chairperson,
and a treasurer, each of whom shall have such authority and duties as may be specified in
the bylaws. The chairperson, or in the chairperson's absence or disability, the vice chairperson,
shall preside at all meetings of the interstate commission. (c) Officers selected in subsection
(b) shall serve without remuneration from the interstate commission. (d) The officers and
employees of the interstate commission shall be immune from suit and liability, either personally
or in their official capacity, for a claim for damage to or loss of...
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