{"data":{"id":"us-al/ala.-code-10a-9a-1.04","jurisdiction":"us-al","citation":"Ala. Code § 10A-9A-1.04","heading":"Nature and Purpose.","body":"(a) A limited partnership is a separate legal entity. A limited partnership’s status for tax purposes shall not affect its status as a separate legal entity formed under this chapter. A limited partnership is the same entity regardless of whether its certificate of formation states that the limited partnership is a limited liability limited partnership. A partner has no interest in any specific property of a limited partnership.\n(b) A limited partnership may carry on any lawful activity, whether or not for profit, except a banking or insurance business.","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 9A Alabama Limited Partnership Law.","Article 1 General Provisions."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-9A-1.04","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"959e6e7bd17f9426745551d6409b6697bca4eed00e17c776f01709d1dc4cc22b","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-9a-1.03","next":"us-al/ala.-code-10a-9a-1.05"},"notice":"GroundRules: Original legal text. Not legal advice."}