Alabama § 10A-5A-6.03 - Effect of Person’s Dissociation as a Member.
Full text of Alabama Code of Alabama § 10A-5A-6.03 — Effect of Person’s Dissociation as a Member., with citation guidance and answers to common questions.
§ 10A-5A-6.03. Effect of Person’s Dissociation as a Member.
(a) A person who has dissociated as a member shall have no right to participate in the direction and oversight of the activities and affairs of the limited liability company and is entitled only to receive the distributions to which that member would have been entitled if the member had not dissociated.
(b) A person’s dissociation as a member does not of itself discharge the person from any duty, debt, obligation, or liability to a limited liability company or the other members that the person incurred while a member.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-5A-6.03
What does Code of Alabama § 10A-5A-6.03 cover?
Section 10A-5A-6.03 ("Effect of Person’s Dissociation as a Member.") 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-5A-6.03?
A common citation format is "Code of Alabama § 10A-5A-6.03" (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-5A-6.03 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.