Statement of Limitation on Liabilities of Series

Ala. Code § 10A-5A-11.04 — under Title 10A.

Ala. Code § 10A-5A-11.04

The statement of limitation on liabilities of a series required by Section 10A-5A- 11.02(b)(3) is sufficient regardless of whether: (a) the limited liability company has established any series under this chapter when the statement of limitations is contained in the certificate of formation; and

(b) the statement of limitations makes reference to a specific series of the limited liability company.

History: (Act 2014-144, p. 265, §1.)