State Codes and Statutes

Statutes > Alabama > Title10 > Chapter12 > 10-12-7

Section 10-12-7

Unauthorized assumption of powers.

All persons who assume to act as a limited liability company without authority to do so shall be jointly and severally liable for all debts and liabilities created by their so acting.

(Acts 1993, No. 93-724, p. 1425, §7.)

State Codes and Statutes

Statutes > Alabama > Title10 > Chapter12 > 10-12-7

Section 10-12-7

Unauthorized assumption of powers.

All persons who assume to act as a limited liability company without authority to do so shall be jointly and severally liable for all debts and liabilities created by their so acting.

(Acts 1993, No. 93-724, p. 1425, §7.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title10 > Chapter12 > 10-12-7

Section 10-12-7

Unauthorized assumption of powers.

All persons who assume to act as a limited liability company without authority to do so shall be jointly and severally liable for all debts and liabilities created by their so acting.

(Acts 1993, No. 93-724, p. 1425, §7.)