GroundRules
Ala. Code § 10A-8A-1.09: Partnership Agreement; Effect on Partnership and Persons Admitted as Partners.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 8A Alabama Partnership Law
- Article 1 General Provisions.
(a) A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the partnership agreement.
(b) A person that is admitted as a partner of a partnership becomes a party to and assents to the partnership agreement except as provided in Section 10A-8A-5.02(g).
(c) Two or more persons intending to be the initial partners of a partnership may make an agreement providing that upon the formation of the partnership, the agreement will become the partnership agreement.
Collected 2026-09-03T14:01:53Z. Source file · JSON