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2020 Code of Alabama
Title 10 - Corporations, Partnerships, and Associations.
Chapter 12 - Limited Liability Company Act.
Article 5 - Contributions and Distributions.
Section 10-12-29 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limited Liability Companies Not Electing to Come Under the Pre-1997 Changes, and to All Limited Liability Companies After December 31, 2000.) Interim Distributions of Property; Impairment of Capital.
Universal Citation: AL Code § 10-12-29 (2020)
(Applicable to limited liability companies organized after January 1, 1998, Limited Liability Companies Not Electing To Come Under the Pre-1997 Changes, and to all limited liability companies after December 31, 2000.) Interim distributions of property; impairment of capital.
All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011.
(Acts 1993, No. 93-724, p. 1425, §29; Act 97-920, 1st Ex. Sess., p. 312, §1.)
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