A limited partner does not have the right or the power as a limited partner to act for or bind the limited partnership.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 9A - Alabama Limited Partnership Law.
Section 10A-9A-3.01 - Admission of Limited Partner.
Section 10A-9A-3.02 - No Right or Power as Limited Partner to Bind Limited Partnership.
Section 10A-9A-3.03 - No Liability as Limited Partner for Limited Partnership Obligation.
Section 10A-9A-3.04 - Right of Limited Partner and Former Limited Partner to Information.
Section 10A-9A-3.05 - Limited Duties of Limited Partners.
Section 10A-9A-3.06 - Person Erroneously Believing Self to Be Limited Partner.