Section 10-12-46 Foreign limited liability companies.
Section 10-12-46
Foreign limited liability companies.
REPEALED IN THE 2009 REGULAR SESSION BY ACT 2009-513, EFFECTIVE JANUARY 1, 2011. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
(a) Subject to the Constitution of Alabama, the laws of the state or other jurisdictions under which a foreign limited liability company is organized govern its organization, its internal affairs, and the liability of its members.
(b) Subject to the Constitution of Alabama, a foreign limited liability company may not be denied registration by reason of any difference between those laws and the laws of this state; provided, however, that no foreign limited liability company shall be allowed to carry on in this state any business of a character that may not lawfully be carried on by a domestic limited liability company.
(Acts 1993, No. 93-724, p. 1425, §46.)