{"data":{"id":"us-al/ala.-code-10a-9a-3.01","jurisdiction":"us-al","citation":"Ala. Code § 10A-9A-3.01","heading":"Admission of Limited Partner.","body":"(a) The initial limited partner or limited partners of a limited partnership are admitted as a limited partner or limited partners upon the formation of the limited partnership.\n(b) After formation, a person is admitted as a limited partner of the limited partnership:\n(1) as provided in the partnership agreement;\n(2) as the result of a transaction effective under Article 10 of this chapter or Article 8 of Chapter 1;\n(3) with the consent of all the partners; or\n(4) as provided in Section 10A-9A-8.01(d) or (e).\n(c) A person may be admitted as a limited partner without:\n(1) acquiring a transferable interest; or\n(2) making or being obligated to make a contribution to the limited partnership.","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 9A Alabama Limited Partnership Law.","Article 3 Limited Partners."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-9A-3.01","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"c9a02129eb6809aa3eaf15f1119ea42ed4cf51cb288c1453aba89fc1e6f5a3c7","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-9a-2.06","next":"us-al/ala.-code-10a-9a-3.02"},"notice":"GroundRules: Original legal text. Not legal advice."}
