Alabama § 10A-5-7.04 Survival of Remedy After Dissolution. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017

Alabama Statutes

§ 10A-5-7.04 — Survival of Remedy After Dissolution. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017

Alabama § 10A-5-7.04

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 5Limited Liability Companies

Art. 7Dissolution

This text of Alabama § 10A-5-7.04 (Survival of Remedy After Dissolution. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 10A-5-7.04 (2026).

Text

(a)A dissolved limited liability company continues its existence but may not carry on any business except that necessary or appropriate to wind up and liquidate its business and affairs.

(b)Dissolution of a limited liability company does not:

(1)Transfer title to the limited liability company assets.

(2)Terminate or suspend a proceeding pending by or against the limited liability company on the effective date of dissolution.

(3)Terminate the authority of the registered agent of the limited liability company.

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(a) A dissolved limited liability company continues its existence but may not carry on any business except that necessary or appropriate to wind up and liquidate its business and affairs.
(b) Dissolution of a limited liability company does not:
(1) Transfer title to the limited liability company assets.
(2) Terminate or suspend a proceeding pending by or against the limited liability company on the effective date of dissolution.
(3) Terminate the authority of the registered agent of the limited liability company.