Current through the 2024 Regular Session.
Section 10A-1-7.01 - Foreign entities required to register(a)(1) For purposes of this Article 7, the terms register, registering, and registered include (i) a foreign entity other than a foreign limited liability partnership delivering to the Secretary of State for filing an application for registration and the Secretary of State filing the application for registration, and (ii) a foreign limited liability partnership delivering to the Secretary of State for filing a statement of foreign limited liability partnership and the Secretary of State filing the statement of foreign limited liability partnership.(2) For purposes of this Article 7, the term registration includes (i) a filed application for registration and (ii) a filed statement of foreign limited liability partnership.(b) For purposes of this Article 7, the terms transact business and transacting business shall include conducting a business, activity, not for profit activity, and any other activity, whether or not for profit.(c) To transact business in this state, a foreign entity must register under this chapter if the foreign entity: (1) is a foreign entity, the formation of which, if formed in this state, would require the filing under Article 3 of a certificate of formation;(2) is a foreign limited liability partnership; or(3) affords limited liability under the law of its jurisdiction of formation for any owner or member.(d) A foreign entity described by subsection (b) must maintain the foreign entity's registration while transacting business in this state.Ala. Code § 10A-1-7.01 (1975)
Amended by Act 2019-94,§ 2, eff. 1/1/2020.Amended by Act 2018-125,§ 3, eff. 1/1/2019. Act 2009-513, p. 967, § 56.