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2019 Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 9A - Alabama Limited Partnership Law.
Article 1 - General Provisions.
Section 10A-9A-1.12 - Transactions of partner with partnership.
Universal Citation: AL Code § 10A-9A-1.12 (2019)
Section 10A-9A-1.12Transactions of partner with partnership.
A partner may lend money to and transact other activities or affairs with the limited partnership and has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.
(Act 2016-379, §1.)
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