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Alabama · Through Act 2026-611

Ala. Code § 10A-8A-4.07: Distribution in Kind.

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Where this section sits in the code
  1. Title 10A Alabama Business and Nonprofit Entities Code.
  2. Chapter 8A Alabama Partnership Law
  3. 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

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