{"data":{"id":"us-al/ala.-code-10a-9a-6.02","jurisdiction":"us-al","citation":"Ala. Code § 10A-9A-6.02","heading":"Effect of Dissociation as Limited Partner.","body":"(a) Upon a person’s dissociation as a limited partner:\n(1) subject to Section 10A-9A-7.04, the person does not have further rights as a limited partner;\n(2) the person’s implied contractual covenant of good faith and fair dealing as a limited partner under Section 10A-9A-3.05(b) continues only as to matters arising and events occurring before the dissociation; and\n(3) subject to Section 10A-9A-7.04, and Article 10 of this chapter and Article 8 of Chapter 1, any transferable interest owned by the person in the person’s capacity as a limited partner immediately before dissociation is owned by the person immediately after dissociation as a mere transferee.\n(b) A person’s dissociation as a limited partner does not of itself discharge the person from any duty, debt, obligation, or liability to the limited partnership or the other partners that the person incurred while a limited partner.","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 9A Alabama Limited Partnership Law.","Article 6 Dissociation."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-9A-6.02","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"9210e7618a784065011ef5d7deedd7dc00c78a6b50055617a92d51ad0f0485d0","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-9a-6.01","next":"us-al/ala.-code-10a-9a-6.03"},"notice":"GroundRules: Original legal text. Not legal advice."}