GroundRules
Ala. Code § 10A-8A-1.12: Transactions of Partner with Partnership.
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 partner may lend money to and transact other business or not for profit activity with the partnership and has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.
Collected 2026-09-03T14:01:53Z. Source file · JSON