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10A-8A-8.02
Section 10A-8A-8.02 Effect of dissolution. Notwithstanding Section 10A-1-9.12: (a) A dissolved
partnership continues its existence as a partnership but may not carry on any business or
not for profit activity except as is appropriate to wind up and liquidate its business or
not for profit activity, including: (1) collecting its assets; (2) disposing of its properties
that will not be distributed in kind to persons owning transferable interests; (3) discharging
or making provisions for discharging its liabilities; (4) distributing its remaining property
in accordance with Section 10A-8A-8.09; and (5) doing every other act necessary to wind up
and liquidate its business or not for profit activity. (b) In winding up its business or not
for profit activity, a partnership may: (1) deliver to the Secretary of State for filing a
statement of dissolution setting forth: (A) The name of the partnership; (B) If the partnership
has filed a statement of partnership, a statement of not for profit...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-8A-8.02.htm - 3K - Match Info - Similar pages
10A-8A-1.05
Section 10A-8A-1.05 Powers; indemnification. (a) A partnership shall possess and may exercise
all the powers and privileges granted and enumerated by Chapter 1 or by any other law or by
its partnership agreement, together with any powers incidental thereto, including those powers
and privileges necessary or convenient to the conduct, promotion, or attainment of the business
or not for profit activity of the partnership and including the power to sue, be sued, and
defend in its own name and to maintain an action against a partner for harm caused to the
partnership by a breach of the partnership agreement or violation of a duty to the partnership.
(b) A partnership may indemnify and hold harmless a partner or other person, pay in advance
or reimburse expenses incurred by a partner or other person, and purchase and maintain insurance
on behalf of a partner or other person. (Act 2018-125, ยง7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-8A-1.05.htm - 1K - Match Info - Similar pages
10A-8A-2.01
Section 10A-8A-2.01 Formation of partnership. (a) Except as otherwise provided in subsection
(b), the association of two or more persons: (1) to carry on as co-owners a business for profit
forms a partnership, whether or not the persons intend to form a partnership; or (2) to carry
on any not for profit activity, forms a partnership when (A) the persons intend to form a
partnership and (B) the persons deliver to the Secretary of State for filing a statement of
not for profit partnership in accordance with Section 10A-8A-2.02(b) setting forth their intention
to form a partnership to carry on a not for profit activity. (b) An association formed under
a statute other than this chapter, a predecessor statute, or a comparable statute of another
jurisdiction is not a partnership under this chapter. (c) In determining whether a partnership
is formed under Section 10A-8A-2.01(a)(1), the following rules apply: (1) Joint tenancy, tenancy
in common, tenancy by the entireties, joint property,...
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36-25-1
person is associated in a manner different from the manner it affects the other members of
the class to which he or she belongs. A conflict of interest shall not include any of the
following: a. A loan or financial transaction made or conducted in the ordinary course of
business. b. An occasional nonpecuniary award publicly presented by an organization for performance
of public service. c. Payment of or reimbursement for actual and necessary expenditures for
travel and subsistence for the personal attendance of a public official or public employee
at a convention or other meeting at which he or she is scheduled to meaningfully participate
in connection with his or her official duties and for which attendance no reimbursement is
made by the state. d. Any campaign contribution, including the purchase of tickets to, or
advertisements in journals, for political or testimonial dinners, if the contribution is actually
used for political purposes and is not given under circumstances from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-25-1.htm - 21K - Match Info - Similar pages
13A-12-20
phases or toward any other phase of its operation. A person advances gambling activity if,
having substantial proprietary control or other authoritative control over premises being
used with his knowledge for purposes of gambling activity, he permits that activity to occur
or continue or makes no effort to prevent its occurrence or continuation. (2) BOOKMAKING.
Advancing gambling activity by unlawfully accepting bets from members of the public as a business,
rather than in a casual or personal fashion, upon the outcome of future contingent
events. (3) CONTEST OF CHANCE. Any contest, game, gaming scheme or gaming device in which
the outcome depends in a material degree upon an element of chance, notwithstanding that skill
of the contestants may also be a factor therein. (4) GAMBLING. A person engages in gambling
if he stakes or risks something of value upon the outcome of a contest of chance or a future
contingent event not under his control or influence, upon an agreement or...
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40-14B-1
Section 40-14B-1 Definitions. As used in this chapter, the following terms shall have the following
meanings: (1) AFFILIATE. An affiliate of another person shall include any of the following:
a. A person who directly or indirectly either: 1. Beneficially owns 15 percent or more of
the outstanding voting securities or other voting ownership interests of the other person,
whether through rights, options, convertible interests, or otherwise; or 2. Controls or holds
power to vote 15 percent or more of the outstanding voting securities or other voting ownership
interests of the other person. b. A person owning 15 percent or more of the outstanding voting
securities or other voting ownership interests of which are directly or indirectly either:
1. Beneficially owned by the other person, whether through rights, options, convertible interests,
or otherwise; or 2. Controlled or held with power to vote by the other person. c. A partnership
or limited liability company in which the other person...
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6-5-347
behalf of an agritourism professional. (4) INHERENT RISKS OF AGRITOURISM ACTIVITIES. Those
conditions, dangers, or hazards that are an integral part of an agritourism activity, including
any of the following: a. Surface and subsurface conditions and natural conditions of land,
vegetation, and waters. b. The behavior of wild animals or insects. c. The behavior of domestic
animals or insects as to: 1. The propensity of a domestic animal or insect to behave in ways
that may result in sickness, injury, harm, or death to persons on or around them. 2.
The unpredictability of the reaction of a domestic animal or insect to sounds, sudden movement,
and unfamiliar objects, persons, or other animals. d. The ordinary dangers of structures or
equipment ordinarily used on a working agricultural operation, excluding a dangerous condition
on structures or equipment ordinarily used on a working agricultural operation that is actually
known by an agritourism professional, not open and obvious, not made...
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10A-8A-8.07
Section 10A-8A-8.07 Other claims against dissolved partnership. Notwithstanding Sections 10A-1-9.01
and 10A-1-9.22: (a) A dissolved partnership may publish notice of its dissolution and request
that persons with claims against the dissolved partnership present them in accordance with
the notice. (b) The notice authorized by subsection (a) must: (1) be published at least one
time in a newspaper of general circulation in the county in which the dissolved partnership's
principal office in this state is located, and if none, was last located; (2) describe the
information that must be included in a claim and provide a mailing address to which the claim
is to be sent; (3) state that if not sooner barred, a claim against the dissolved partnership
will be barred unless a proceeding to enforce the claim is commenced within two years after
the publication of the notice; and (4) unless the partnership has been throughout its existence
a limited liability partnership, state that the barring of a...
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8-26B-5
The applicant must be an individual, and the application must be signed by the applicant under
penalty of perjury. The application must contain at least the following: (1) the name and
date and place of birth of the applicant and the following contact information for the applicant:
(A) the address of the applicant's principal place of business; (B) work and mobile telephone
numbers; and (C) any means of communicating electronically, including a facsimile number,
electronic-mail address, and personal and business or employer websites; (2) the name
of the applicant's business or employer, if applicable, including for each business or employer,
its mailing address, telephone number, organization form, and the nature of the business;
(3) each social-media account with which the applicant or the applicant's business or employer
is affiliated; (4) each business or occupation in which the applicant engaged within five
years before the date of the application, including self-employment and...
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6-5-337
Section 6-5-337 Immunity of those involved in equine activities. (a) The Legislature recognizes
that persons who participate in equine activities may incur injuries as a result of the risks
involved in those activities. The Legislature also finds that the state and its citizens derive
numerous economic and personal benefits from equine activities. The Legislature finds,
determines, and declares that for the immediate preservation of the public peace, health,
and safety, and to encourage equine activities, this legislation is to limit the civil liability
of those involved in equine activities. (b) As used in this section, the following words shall
mean the following unless the context clearly indicates otherwise: (1) ENGAGES IN AN EQUINE
ACTIVITY. Riding, training, providing, or assisting in providing medical treatment of, driving,
or being a passenger upon an equine, whether mounted or unmounted, or any person assisting
a participant or show management in equine activities. The term...
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