[Effective October 1, 2026.]

Ala. Code § 10A-17-2.17 — under Title 10A.

Ala. Code § 10A-17-2.17

(a) Unless otherwise provided for in the governing principles, a member shall not have any fiduciary duty to a decentralized unincorporated nonprofit association or to any other member of the decentralized unincorporated nonprofit association merely by reason of being a member. (b) A member acting on behalf of the decentralized unincorporated nonprofit association shall discharge his or her duties in a manner the member reasonably believes to be in the best interest of the nonprofit association.

History: (Act 2026-325, §2.)