(a) A person dissociated as a partner or the partnership may file a statement of dissociation stating the name of the partnership and that the person is dissociated as a partner from the partnership.
(b) A statement of dissociation is a limitation on the authority of a person dissociated as a partner for the purposes of Section 10A-8A-3.03.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 8A - Alabama Partnership Law
Section 10A-8A-7.01 - Purchase of Transferable Interest of a Person Dissociated as a Partner.
Section 10A-8A-7.02 - Power to Bind and Liability of Person Dissociated as a Partner.
Section 10A-8A-7.03 - Liability of Person Dissociated as a Partner to Other Persons.