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Contributions and Distributions

  • Ala. Code § 10-12-26— Contributions.
  • Ala. Code § 10-12-27— Liability for Contributions.
  • Ala. Code § 10-12-28— Sharing of Profits and Losses.
  • Ala. Code § 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.
  • Ala. Code § 10-12-30— (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.) Purchase of Dissociated Member’s Interest.