Alabama Code (Last Updated: November 28, 2014) |
Title10A ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE. |
Chapter5A. LIMITED LIABILITY COMPANIES. |
Article11. Series Provisions. |
§10A-5A-11.04. Statement of limitation on liabilities of series.
Latest version.
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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.