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2017 Code of Alabama
Title 10A - ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE.
Chapter 8 - GENERAL PARTNERSHIPS.
Article 2 - Nature of Partnership.
Section 10A-8-2.03 - Partnership property.
Universal Citation: AL Code § 10A-8-2.03 (2017)
Section 10A-8-2.03Partnership property.
Property acquired by a partnership is property of the partnership and not of the partners individually.
(Acts 1996, No. 96-528, p. 685, §1; §10-8A-203; amended and renumbered by Act 2009-513, p. 967, §250.)
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