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Relationship Among Members

  • Ala. Code § 10-12-22— (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.) Management of the Limited Liability Company; Creation of Classes; Voting; Rights; Meetings.
  • Ala. Code § 10-12-23— Limited Liability Company Property.
  • Ala. Code § 10-12-24— (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.) Operating Agreements.
  • Ala. Code § 10-12-25— Derivative Actions.