{"data":{"id":"us-al/ala.-code-10a-8a-1.04","jurisdiction":"us-al","citation":"Ala. Code § 10A-8A-1.04","heading":"Nature and Purpose.","body":"(a) A partnership is a separate legal entity. A partnership’s status for tax purposes shall not affect its status as a separate legal entity formed under this chapter. A partnership is the same entity regardless of whether the partnership has a statement of limited liability partnership under Section 10A-8A-10.01 stating that the partnership is a limited liability partnership. A partner has no interest in any specific property of a partnership.\n(b) A partnership may carry on any lawful business and may carry on any lawful not for profit activity if it complies with Section 10A-8A-2.02(b).","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 8A Alabama Partnership Law","Article 1 General Provisions."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-8A-1.04","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"9f4d13e9803442c94c9a0f78ec8b60b22880db6ba936a8035f4403b4577a880b","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-8a-1.03","next":"us-al/ala.-code-10a-8a-1.05"},"notice":"GroundRules: Original legal text. Not legal advice."}