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2020 Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 9A - Alabama Limited Partnership Law.
Article 1 - General Provisions.
Section 10A-9A-1.06 - Governing Law.
Universal Citation: AL Code § 10A-9A-1.06 (2020)
Section 10A-9A-1.06
Governing law.
(a) The law of this state governs:
(1) the organization and internal affairs of a limited partnership;
(2) the liability of a partner as a partner for the debts, obligations, or other liabilities of a limited partnership; and
(3) the authority of the partners of a limited partnership.
(b) The law of the state or other jurisdiction under which a foreign limited partnership is formed governs:
(1) the organization and internal affairs of a foreign limited partnership;
(2) the liability of a partner as a partner for the debts, obligations, or other liabilities of a foreign limited partnership; and
(3) the authority of the partners of a foreign limited partnership.
(Act 2016-379, §1.)
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