Ala. Code § 10A-8A-4.07: Distribution in Kind.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 8A Alabama Partnership Law
- Article 4 Relations of Partners to Each Other and to Partnership.
A partner does not have a right to demand and receive a distribution from a partnership in any form other than money. Except as otherwise provided in Section 10A-8A-8.07, a partnership may distribute an asset in kind if each partner receives a percentage of the asset in proportion to the partner’s share of distributions.
Collected 2026-09-03T14:01:53Z. Source file · JSON