A partner may lend money to and transact other activities or affairs with the limited partnership and has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 9A - Alabama Limited Partnership Law.
Article 1 - General Provisions.
Section 10A-9A-1.01 - Short Title.
Section 10A-9A-1.02 - Definitions.
Section 10A-9A-1.03 - Knowledge and Notice.
Section 10A-9A-1.04 - Nature and Purpose.
Section 10A-9A-1.05 - Powers; Indemnification.
Section 10A-9A-1.06 - Governing Law.
Section 10A-9A-1.07 - Supplemental Principles of Law; Rate of Interest.
Section 10A-9A-1.08 - Effect of Partnership Agreement; Nonwaivable Provisions.
Section 10A-9A-1.11 - Required Information.
Section 10A-9A-1.12 - Transactions of Partner With Partnership.