Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/10A-9A-1.09.htm |
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Depth: | 0 singles |
Size: | 1,080 bytes |
Modified: | 2018-11-30 07:29:40 |
Categories: | -None- |
Title: | 10A-9A-1.09 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 10A-9A-1.09 Partnership agreement; effect on limited partnership and persons admitted as partners. (a) A limited partnership is bound by and may enforce the partnership agreement, whether or not the limited partnership has itself manifested assent to the partnership agreement. (b) A person that is admitted as a partner of a limited partnership becomes a party to and assents to the partnership agreement except as provided in Section 10A-9A-7.02(g). (c) Two or more persons intending to be the initial general partner and the initial limited partner of a limited partnership may make an agreement providing that upon the formation of the limited partnership, the agreement will become the partnership agreement. (Act 2016-379, p. 934, ยง1.) |