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Section 10A-1-1.11 – Law Governing Filing Entities.

Section 10A-1-1.11 Law governing filing entities. (a) The law of this state governs the formation and internal affairs of an entity if the entity’s formation occurs when a certificate of formation filed in accordance with Article 4 takes effect. (b) If the formation of an entity occurs when a certificate of formation or similar instrument […]

Section 10A-1-1.12 – Entities Not Formed by Filing Instrument.

Section 10A-1-1.12 Entities not formed by filing instrument. For entities other than general partnerships, if the formation of an entity does not occur when a certificate of formation or similar instrument filed with the filing officer, or with a foreign governmental authority takes effect, the law governing the entity’s formation and internal affairs is the […]

Section 10A-1-1.13 – Internal Affairs.

Section 10A-1-1.13 Internal affairs. For purposes of this title, the internal affairs of an entity include: (1) the rights, powers, and duties of its governing authority, governing persons, officers, owners, and members; and (2) matters relating to its membership or ownership interests, other than the right of members or owners to inspect entity records. (Act […]