• Alabama Limited Liability Company Law of 2014
  • June 18, 2014
  • Law Firm: Burr Forman LLP - Birmingham Office
  • In March of this year, Alabama adopted a new limited liability company law under the name of the Alabama Limited Liability Company Law of 2014 (Act No. 2014-144). The new act will apply to LLCs formed after January 1, 2015. For LLCs formed before January 1, 2015, the law will be applicable to them after January 1, 2017, unless the members elect to be subject to the new law.