Section 10A-5A-8.01 Special Rules for Limited Liability Companies Performing Professional Services. — United States — Alabama law | Esheria

Section 10A-5A-8.01 Special Rules for Limited Liability Companies Performing Professional Services.

A limited liability company may render professional services if it follows the licensing authority’s rules, and members/employees remain personally liable for their own negligent or wrongful acts they personally take part in. Licensing authorities keep their power to regulate and add requirements, and a member’s transf

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Jurisdiction
United States — Alabama
Instrument
Rule
Version
Undated source snapshot
Language
en
Official source
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licensing limited liability companies professional services transfer of membership interest

Statute overview

About this statute

A limited liability company may render professional services if it follows the licensing authority’s rules, and members/employees remain personally liable for their own negligent or wrongful acts they personally take part in. Licensing authorities keep their power to regulate and add requirements, and a member’s transferable interest may be transferred only to a qualified person.