Alabama § 10A-5A-7.01 - Events of Dissolution.
Full text of Alabama Code of Alabama § 10A-5A-7.01 — Events of Dissolution., with citation guidance and answers to common questions.
§ 10A-5A-7.01. Events of Dissolution.
A limited liability company is dissolved and its affairs shall be wound up upon the occurrence of the first of the following events:
(a) An event or circumstance that the limited liability company agreement states causes dissolution.
(b) Consent of all members to dissolve.
(c) When there is no remaining member, unless either of the following applies:
(1) The holders of all the transferable interests in the limited liability company agree in writing, within 90 days after the dissociation of the last member, to continue the activities and affairs of the limited liability company and to appoint one or more new members.
(2) The activities and affairs of the limited liability company are continued and one or more new members are appointed in the manner stated in the limited liability company agreement.
(d) On application by a member, the entry of an order dissolving the limited liability company on the grounds that it is not reasonably practicable to carry on the limited liability company’s activities and affairs in conformity with the limited liability company agreement, which order is entered by the designated court, and if none, the circuit court for the county in which the limited liability company’s principal office within this state is located, and if the limited liability company does not have a principal office within this state then by the circuit court for the county in which the limited liability company’s most recent registered office is located.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-5A-7.01
What does Code of Alabama § 10A-5A-7.01 cover?
Section 10A-5A-7.01 ("Events of Dissolution.") 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-7.01?
A common citation format is "Code of Alabama § 10A-5A-7.01" (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-7.01 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.