A series may be dissolved and its activities and affairs may be wound up without causing the dissolution of the limited liability company. The dissolution and winding up of a series does not abate, suspend, or otherwise affect the limitation on liabilities of the series provided by Section 10A-5A-11.02.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 5A - Alabama Limited Liability Company Law of 2014.
Article 11 - Series Provisions.
Section 10A-5A-11.01 - Series of Assets.
Section 10A-5A-11.02 - Enforceability of Obligations and Expenses of Series Against Assets.
Section 10A-5A-11.03 - Assets of Series.
Section 10A-5A-11.04 - Statement of Limitation on Liabilities of Series.
Section 10A-5A-11.06 - Event Causing Dissociation of a Member Associated With a Series.
Section 10A-5A-11.07 - Effect of Person's Dissociation as a Member.
Section 10A-5A-11.08 - Dissolution and Winding Up of Series.
Section 10A-5A-11.09 - Event Requiring Dissolution.
Section 10A-5A-11.10 - Effect of Dissolution of Series.
Section 10A-5A-11.11 - Right to Wind Up Activities and Affairs of Series.
Section 10A-5A-11.12 - Known Claims Against Dissolved Series.
Section 10A-5A-11.13 - Other Claims Against Dissolved Series.
Section 10A-5A-11.14 - Application of Assets in Winding Up Series' Activities and Affairs.
Section 10A-5A-11.15 - Reinstatement After Dissolution of a Series.