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2018 Code of Alabama
Title 10A - ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE.
Chapter 1 - GENERAL PROVISIONS.
Article 7 - Foreign Entities.
Division D - Business, Rights, and Obligations.
Section 10A-1-7.33 - Obligations and liabilities.
Universal Citation: AL Code § 10A-1-7.33 (2018)
Section 10A-1-7.33Obligations and liabilities.
Subject to this article and other laws of this state in any matter that affects the transaction of intrastate business in this state, a foreign entity and each member, owner, or managerial official of the entity is subject to the same duties, restrictions, penalties, and liabilities imposed on a domestic entity to which it most closely corresponds or on a member, owner, or managerial official of that domestic entity.
(Act 2009-513, p. 967, §66.)
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