Alabama § 10A-5A-11.16 Effect of Reinstatement

Alabama Statutes

§ 10A-5A-11.16 — Effect of Reinstatement

Alabama § 10A-5A-11.16

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 5AAlabama Limited Liability Company Law of 2014

Art. 11Series Provisions

This text of Alabama § 10A-5A-11.16 (Effect of Reinstatement) 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-11.16 (2026).

Text

(a)Subject to subsection (b), upon reinstatement, a series shall be deemed for all purposes to have continued its activities and affairs as if dissolution had never occurred; each right inuring to, and each debt, obligation, and liability incurred by, the series after the dissolution shall be determined as if the dissolution had never occurred.

(b)The rights of persons acting in reliance on the dissolution of the series before those persons had notice of the reinstatement shall not be adversely affected by the reinstatement.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Subject to subsection (b), upon reinstatement, a series shall be deemed for all purposes to have continued its activities and affairs as if dissolution had never occurred; each right inuring to, and each debt, obligation, and liability incurred by, the series after the dissolution shall be determined as if the dissolution had never occurred.
(b) The rights of persons acting in reliance on the dissolution of the series before those persons had notice of the reinstatement shall not be adversely affected by the reinstatement.