Alabama § 10A-5-2.05 - Pre-formation Transactions. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017.
Full text of Alabama Code of Alabama § 10A-5-2.05 — Pre-formation Transactions. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017., with citation guidance and answers to common questions.
§ 10A-5-2.05. Pre-formation Transactions. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017.
A limited liability company may not transact business or incur indebtedness, except that which is incidental to its organization or to obtaining subscriptions for or payment of contributions, until the certificate of formation has been filed. Persons engaged in prefiling activities other than those authorized by this section shall be jointly and severally liable for any debts or liabilities incurred in the course of those activities as provided in Section 10A-5-1.05. In no event shall the activities of an organizer authorized under this chapter result in liability for such person under this section. This section shall not be interpreted to invalidate any debts, contracts, or liabilities of the limited liability company incurred on behalf of the limited liability company prior to the filing of its certificate of formation.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-5-2.05
What does Code of Alabama § 10A-5-2.05 cover?
Section 10A-5-2.05 ("Pre-formation Transactions. Repealed in the 2014 Regular Session by Act 2014-144 Effective January 1, 2017.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 10A-5-2.05?
A common citation format is "Code of Alabama § 10A-5-2.05" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 10A-5-2.05 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.