{"data":{"id":"us-ak/as-32.11.900","jurisdiction":"us-ak","citation":"AS 32.11.900","heading":"Definitions.","body":"In this chapter, unless the context otherwise requires,\n(1) “certificate of limited partnership” means the certificate referred to in AS 32.11.010 and the certificate as amended or restated;\n(2) “commissioner” means the commissioner of commerce, community, and economic development;\n(3) “contribution” means cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services, that a partner contributes to a limited partnership as a partner;\n(4) “department” means the Department of Commerce, Community, and Economic Development;\n(5) “event of withdrawal of a general partner” means an event that causes a person to cease to be a general partner under AS 32.11.160;\n(6) “foreign limited partnership” means a partnership formed under the laws of a state other than this state and having as partners one or more general partners and one or more limited partners;\n(7) “general partner” means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner;\n(8) “limited partner” means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement;\n(9) “limited partnership” except when used in the phrases “foreign limited partnership” and “foreign limited liability limited partnership,” and “domestic limited partnership” mean a partnership formed by two or more persons under this chapter, or that becomes subject to this chapter, and having one or more general partners and one or more limited partners;\n(10) “partner” means a limited or general partner;\n(11) “partnership agreement” means a valid agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business;\n(12) “partnership interest” means a partner's share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets;\n(13) “state” means a state, territory, or possession of the United States, District of Columbia, or Commonwealth of Puerto Rico.","path":["Title 32. Partnership.","Chapter 11. Uniform Limited Partnership Act.","Article 10. General Provisions."],"source_url":"https://www.akleg.gov/basis/statutes.asp#32.11.900","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:18:30Z","sha256":"53af732cae6b1681bc2b495c1d152ab9b07174fda706344742fd5667dc9be914","source_id":"us-ak","stale":false,"prev":"us-ak/as-32.11.890","next":"us-ak/as-32.11.990"},"notice":"GroundRules: Original legal text. Not legal advice."}
