Alabama Chapter 9B — ALABAMA LIMITED PARTNERSHIP ACT OF 1997
Article 1 GENERAL PROVISIONS.
- Section 10-9B-101 — Definitions.
- Section 10-9B-102 — Name.
- Section 10-9B-103 — RESERVED.
- Section 10-9B-104 — Specified office and agent.
- Section 10-9B-105 — Records to be kept; right of inspection.
- Section 10-9B-106 — Nature of business.
- Section 10-9B-107 — Business transactions of partner with partnership.
Article 2 FORMATION: CERTIFICATE OF LIMITED PARTNERSHIP.
- Section 10-9B-201 — Certificate of limited partnership.
- Section 10-9B-202 — Amendment to certificate.
- Section 10-9B-203 — Cancellation of certificate.
- Section 10-9B-204 — Execution of certificates.
- Section 10-9B-205 — Execution by judicial act.
- Section 10-9B-206 — Filing in the office of the judge of probate.
- Section 10-9B-207 — Liability for material false statement in certificate.
- Section 10-9B-208 — Scope of notice.
- Section 10-9B-209 — Restated certificate.
Article 3 LIMITED PARTNERS.
- Section 10-9B-301 — Admission of limited partners.
- Section 10-9B-302 — Voting.
- Section 10-9B-303 — Liability to third parties.
- Section 10-9B-304 — Person erroneously believing himself or herself a limited partner.
- Section 10-9B-305 — Information.
Article 4 GENERAL PARTNERS.
- Section 10-9B-401 — Admission of additional general partners.
- Section 10-9B-402 — Events of withdrawal.
- Section 10-9B-403 — General powers and liabilities.
- Section 10-9B-404 — Contributions by general partner.
- Section 10-9B-405 — Voting.
Article 5 FINANCE.
- Section 10-9B-501 — Form of contribution.
- Section 10-9B-502 — Liability for contribution.
- Section 10-9B-503 — Sharing of profits and losses.
- Section 10-9B-504 — Sharing of distributions.
Article 6 DISTRIBUTIONS AND WITHDRAWAL.
- Section 10-9B-601 — Interim distributions.
- Section 10-9B-602 — Withdrawal of general partner.
- Section 10-9B-603 — Withdrawal of limited partner.
- Section 10-9B-604 — Distribution upon withdrawal.
- Section 10-9B-605 — Distribution in kind.
- Section 10-9B-606 — Right to distribution.
- Section 10-9B-607 — Limitations on distribution.
Article 7 ASSIGNMENT OF PARTNERSHIP INTERESTS.
- Section 10-9B-701 — Nature of partnership interest.
- Section 10-9B-702 — Assignment of partnership interest.
- Section 10-9B-703 — Rights of creditor.
- Section 10-9B-704 — Right of assignee to become limited partner.
- Section 10-9B-705 — Powers of successors in interest.
Article 8 DISSOLUTION.
- Section 10-9B-801 — Nonjudicial dissolution.
- Section 10-9B-802 — Judicial dissolution.
- Section 10-9B-803 — Winding up.
- Section 10-9B-804 — Distribution of assets.
- Section 10-9B-805 — Settling of accounts; applicability of section.
Article 9 FOREIGN LIMITED PARTNERSHIPS.
- Section 10-9B-901 — Law governing.
- Section 10-9B-902 — Registration.
- Section 10-9B-903 — Issuance of registration.
- Section 10-9B-904 — Name.
- Section 10-9B-905 — Changes and amendments.
- Section 10-9B-906 — Cancellation of registration.
- Section 10-9B-907 — Transaction of business without registration.
- Section 10-9B-908 — Action by Attorney General.
Article 10 DERIVATIVE ACTIONS.
- Section 10-9B-1001 — Right of action.
- Section 10-9B-1002 — Proper plaintiff.
- Section 10-9B-1003 — Pleading.
- Section 10-9B-1004 — Expenses.
Article 11 CONVERSIONS AND MERGERS.
- Section 10-9B-1101 — Definitions.
- Section 10-9B-1102 — Conversion of limited partnership to general partnership, corporation or limited liability company, or foreign limited partnership.
- Section 10-9B-1103 — Conversion of general partnership, corporation, limited liability company, or foreign limited partnership to limited partnership.
- Section 10-9B-1104 — Effect of conversion; entity unchanged.
- Section 10-9B-1105 — Merger of limited partnerships and business entities.
- Section 10-9B-1106 — Requirements for certificate of merger; certificate of merger serving as certificate of cancellation.
- Section 10-9B-1107 — Effect of merger.
- Section 10-9B-1108 — Nonexclusive.