Alabama § 10A-5A-1.05 Governing Law

Alabama Statutes

§ 10A-5A-1.05 — Governing Law

Alabama § 10A-5A-1.05

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 5AAlabama Limited Liability Company Law of 2014

Art. 1General Provisions

This text of Alabama § 10A-5A-1.05 (Governing Law) 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-5A-1.05 (2026).

Text

(a)The law of this state governs:

(1)the organization and internal affairs of a limited liability company, or series thereof;

(2)the liability of a member as a member for the debts, obligations, or other liabilities of a limited liability company, or series thereof;

(3)the authority of the members and agents of a limited liability company, or series thereof; and

(4)the availability and liability of the assets of a series or the limited liability company for the obligations of another series or the limited liability company.

(b)The law of the state or other jurisdiction under which a foreign limited liability company is formed governs:

(1)the organization and internal affairs of a foreign limited liability company, or series thereof;

(2)the liability of a member as a member for the

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(a) The law of this state governs:
(1) the organization and internal affairs of a limited liability company, or series thereof;
(2) the liability of a member as a member for the debts, obligations, or other liabilities of a limited liability company, or series thereof;
(3) the authority of the members and agents of a limited liability company, or series thereof; and
(4) the availability and liability of the assets of a series or the limited liability company for the obligations of another series or the limited liability company.
(b) The law of the state or other jurisdiction under which a foreign limited liability company is formed governs:
(1) the organization and internal affairs of a foreign limited liability company, or series thereof;
(2) the liability of a member as a member for the debts, obligations, or other liabilities of a foreign limited liability company, or series thereof;
(3) the authority of the members and agents of a foreign limited liability company, or series thereof; and
(4) the availability and liability of the assets of a series or the foreign limited liability company for the obligations of another series or the foreign limited liability company.