GroundRules
Ala. Code § 10A-9A-1.13: Dual Capacity.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 9A Alabama Limited Partnership Law.
- Article 1 General Provisions.
A person may be both a general partner and a limited partner. A person that is both a general and limited partner has the rights, powers, duties, and obligations provided by this chapter and the partnership agreement in each of those capacities. When the person acts as a general partner, the person is subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for general partners. When the person acts as a limited partner, the person is subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for limited partners.
Collected 2026-09-03T14:01:53Z. Source file · JSON