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Form a Business

Liability of Members to Third Parties.

Ala. Code § 10A-5A-3.01
in effect
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10A-5A-3.01. Liability of Members to Third Parties. A member of a limited liability company is not liable, solely by reason of being a member, for a debt, obligation, or liability of the limited liability company or a series thereof, whether arising in contract, tort, or otherwise or for the acts or omissions of any other member, agent, or employee of the limited liability company or a series thereof. (Act 2014-144, p. 265, §1.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#10A-5A-3.01Fetched: 10/20/2026

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