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Form a Business

Transactions of Partner with Partnership.

Ala. Code § 10A-9A-1.12
in effect
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10A-9A-1.12. Transactions 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.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#10A-9A-1.12Fetched: 10/20/2026

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