Section 10A-5-3.01 Business Transactions of a Member with the Limited Liability Company. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017.
A member may lend money to and do lawful business with the LLC, unless the operating agreement says otherwise.
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- United States — Alabama
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- en
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limited liability companies member transactions
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Section 10A-5-3.01 Business Transactions of a Member with the Limited Liability Company. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017.
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